Assertion: partnership | /r/CapableOf | distribute profit
Facets:
Source sentences:
text: To avoid tax issues, by having the tax status of the partnership spelled out, and to show that the partnership is distributing profits based on acceptable tax and accounting practices.
text: A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
text: by having the tax status of the partnership spelled out, and to show that the partnership is distributing profits based on acceptable tax and accounting practices.
text: Key Takeaways A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities.