How to Tax Partnerships Limited by Shares

• Autorzy: Wojciech Stiller
• Języki publikacji: EN

Abstrakty

EN

A partnership limited by shares (PLbS) is a hybrid that combines the characteristics of both a limited partnership and a joint stock company. While a partnership is usually a so-called pass-through tax entity, a corporation is subject to tax. Therefore, the income of an incorporated company is taxed twice, first at the corporate level and again at the shareholder level. In order to answer the question whether a partnership limited by shares shall be subject to tax, this paper discusses the reason for the corporate income tax. Furthermore, different tax regimes for the PLbS are considered, paying particular attention to the German tax provisions and the tax law amendments in Poland. For the purpose of better understanding the tax impact, this paper analyses the popularity of the PLbS in Germany and Poland with a focus on the tax burden and liability. (original abstract)

Słowa kluczowe

EN

Limited partnerships; Joint stock companies; Company taxation; Tax regulations; Partnership limited by shares

PL

Spółki komandytowe; Spółki akcyjne; Opodatkowanie spółek; Prawo podatkowe; Spółka komandytowo-akcyjna

• Czasopismo: Journal of Economics & Management / University of Economics in Katowice
• Rocznik: 2014
• Numer: nr 18
• Strony: 107--120

Twórcy

autor

Wojciech Stiller

• Berlin School of Economics and Law

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