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Partnership

Partnerships

Section 2 of the Partnerships Act, 2012 defines a partnership as “… the relationship which exists between persons who carry on business in common with a view to making profit”

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Taxes payable

Taxes Payable by LLCs

When starting up a business, proprietors must note that all income is taxable as per the tax laws of the country in which they operate. Business income is no exception.

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