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Profits Interest.

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A profits interest is a type of ownership interest in a partnership or limited liability company (LLC) that entitles the holder to a share of the entity’s profits, but not its assets. The holder of a profits interest does not have an equity stake in the entity and is not entitled to any distribution of … Read more

Learn More About Import Duty.

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When a company or individual imports goods into a country, they may be subject to import duty. Import duty is a tax that is imposed on goods that are brought into a country from another country. The amount of import duty that is charged depends on a number of factors, including the value of the … Read more