An S-corporation is a type of United States corporation which must be elected. The entity is a flow-through entity that has some of the same characteristics of a Loss Attributing Qualifying Company (LAQC), however, the S-corporation enables profits to flow through to...
There are major changes occurring in 2011 once legislation has been passed, affecting Loss Attributing Qualifying Companies (LAQCs) and Qualifying Companies (QCs) under NZ tax legislation. From 1 April 2011, the ability to attribute losses through an LAQC will no...
