The Internal Revenue Service’s “Check the Box” regulations make it possible for
A. individuals to choose what type of entity they would like to form.
B. limited liability companies to be taxed as partnerships, unless the members check the box on a form to elect to be taxed as a corporation.
C. corporations to elect partnership taxation.
D. members of limited liability companies to choose which state laws they would like the company to be taxed under.
B. limited liability companies to be taxed as partnerships, unless the members check the box on a form to elect to be taxed as a corporation.
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