Loan-out corporation
id:
loan-out-corporation-188-16182533
title:
Loan-out corporation
text:
A loan-out corporation, also known as a loan-out company, or personal service corporation, is a form of US business entity in which the creator is an 'employee' whose services are loaned out by the corporate body. The creator of the corporation is typically the sole shareholder, and thus the corporation is used as a means to reduce their personal liability, protect their assets and exploit taxation advantages. Loan-Out corporations are especially prominent in the entertainment and professional s
brand slug:
wiki
category slug:
encyclopedia
description:
Type of US business entity
original url:
https://en.wikipedia.org/wiki/Loan-out_corporation
date created:
2019-03-25T07:16:06Z
date modified:
2024-09-09T04:39:46Z
main entity:
{"identifier":"Q65085912","url":"https://www.wikidata.org/entity/Q65085912"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5b/Society.svg","width":96,"height":38}
fields total:
13
integrity:
16