Assertion: partnership's partner | /r/HasProperty | added
Facets:
Source sentences:
text: Because a partnership agreement exists for an LLP, partners can be added or retired as outlined by the agreement.
text: When partners exit the partnership, or new partners are added, your partnership may need to obtain a new EIN as it is considered a "new" partnership for tax purposes.
text: When partners exit the partnership, or new partners are added, your partnership may need to obtain a new EIN as it is considered a "new" partnership for tax purposes.
text: Every time a partner withdraws or is added, a new partnership agreement is required if the business will continue to operate as a partnership.
text: Provisions in the agreement may include how decisions for the business will be made, when and how profits are distributed, and how partners may be added or removed from the business.