How does that fit in with the liability of, say, a solicitor for giving advice, or a barrister for giving chambers opinions? |
Owner enjoys limited liability for business debts and fringe benefits are deductible as business expenses. |
The company may not really be a registered corporation entitled to limited liability. |
This is because QE should lead to a fall in gilt yields, which in turn will force down the rate at which liabilities can be discounted. |
John signed the management representation letter without qualifying the positive assertions about the company's tax filings and liabilities. |
An increase in accounts payable and liabilities owed to members fed the increase in current liabilities. |