Business Structure
» Business Structure, Volume 4, Issue 7, 2004
If the business changed legal forms in the last three years.
4b. Why did you change it? Was it for:?
| Response | ||||
|---|---|---|---|---|
| 1 | Tax purposes | 27 | ||
| 2 | Liability purposes | 39 | ||
| 3 | An ownership change | 20 | ||
| 4 | Other | 12 | ||
| 5 | DK/Refuse | 2 | ||
| Total (%) | 100 | |||
| N | 51 | |||
Notes: Thirty-nine (39) percent of small employers changed the legal form of their business in the last three years for liability purposes (Q#4b).
