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).