Tuesday, August 9, 2005
Hamill on The Story of Limited Liability Company: Combining the Best Features of a Flawed Business Tax Structure
Susan Pace Hamill (Alabama) has posted The Story of Limited Liability Company: Combining the Best Features of a Flawed Business Tax Structure, in Business Tax Stories (Steven A. Bank & Kirk J. Stark, eds.) (Foundation Press, 2005). Here is the abstract:
This chapter describes the emergence of the limited liability company from obscurity into a mainstream business organization choice during the last quarter of the 20th century. In addition to providing the inside story of the lobbying efforts of the first LLC pioneers and the LLC supporters during the early 1990s, this story places the rise of the LLC in its larger historical context and discusses the major tax and business policy issues raised by this new business entity.