<c-corps and LLC — StartupNation.com

WE'VE MOVED!

We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co

c-corps and LLC

BarManHorbacz

BarManHorbacz subscriber Posts: 1

January 2012 edited November 2012 in Selecting a Business

can a shareholder of a c corp be the member of an LLC owned by that c corp?

0 ·

Comments

LLCMan subscriber Posts: 0

November 2012

Yes, but under a C-Corp you get double taxed!! (company income + personal income when you take the funds out!) I would keep the entities separate for tax purposes.

0 · Share on Google+ Share on Facebook Share on Twitter

Sign In or Register to comment.