The New Limited Liability Company in Florida

The New Limited Liability Company in Florida
(The Florida Bar Journal, Volume LXXIII, No. 7, July/August 1999)

This article summarizes the legislative process that resulted in the repeal of the Florida corporate income tax imposed on LLCs and to analyze some of the benefits and costs of the LLC compared with a limited partnership and a corporation electing Subchapter S status under the Internal Revenue Code of 1986, as amended.

The New Limited Liability Company in Florida – July-Aug 1999