Family companies are also frequently used as vehicles to obtain superannuation benefits. ... In addition, companies may have only one shareholder and director ( making it easier for sole traders to incorporate) and various accounting and other requirements ... with the benefits of limited liability; and (iii) it is a well-recognised commercial vehicle with an established body of law concerning its operations.
Title | : | Australian Master Tax Guide 2012 |
Author | : | CCH Australia Staff |
Publisher | : | CCH Australia Limited - 2012-01 |
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