An LLC taxed as a C corporation pays taxes on its income before distributing profits to shareholders, and and LLC taxed as an ...

This special tax status eliminates any possibility ... can't have non-U.S. citizens as shareholders, an LLC can. In addition, S corporations cannot be owned by C corporations, other S corporations ...

For example, while S corporations can issue only one ... and partnerships may participate in an LLC. The LLC also carries significant tax advantages over the limited partnership.