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A business structure does not allow for company tax charges. The proprietor is personally taxed on all earnings from the business. The work of Michigan Ross school influences the world’s largest firms and world economies. Every day we’re creating real-world …
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In 2003, for instance, China modeled 80% of its state-owned enterprises on a company-type administration system. Many state establishments and enterprises in China and Russia have remodeled into joint-stock firms, with a half of their shares being listed on public …