A number of law firms are considering putting profits into new business structures to mitigate the effects of increased income tax levels for partners. City accountants have recently experienced an increase in demand from law firms looking at setting up subsidiary service companies or introducing new ownership structures to the LLP.
October 13, 2010 at 06:26 AM
1 minute read
The original version of this story was published on Legalweek
Firms using service companies to limit impact of income tax hikes
A number of law firms are considering putting profits into new business structures to mitigate the effects of increased income tax levels for partners.
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