28 May 2015 IFA Roundtable Q. 3, 2015-0581511C6 - IFA 2015 Q.3: Entity Classification -- summary under Corporation

CRA indicated that Florida limited liability limited partnerships and limited liability partnerships potentially may be corporations for purposes of the Act given that "they seem to have both legal personality and full, or at least very extensive, limited liability for all members," i.e., liability protection which "seems to go beyond the type of limitation of liability applicable to partnerships governed by the laws of the Canadian provinces," and invited submissions on this issue.

CRA also noted (before release of Anson) that it accepts that LLC are corporations. See summary under s. 96.

Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
323065
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
343951
Extra import data
{
"field_editor_tags": [],
"field_roundtable_subquestion": "3",
"field_stub": false,
"field_legacy_header": "<a id=\"2015-0581511C6\"></a><a href=\"/?p=37705\">28 May 2015 IFA Roundtable, Q. 3, 2015-0581511C6</a> [Florida LLLPs potentially corporations]"
}