TERMIUM Plus®

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ENTITY SHIELDING [1 record]

Record 1 2016-04-22

English

Subject field(s)
  • Taxation
CONT

But a less-noticed form of legal partitioning, which we call "entity shielding," is both economically and historically more significant than limited liability. While limited liability shields owners' personal assets from a firm's creditors, entity shielding protects firm assets from the owners' personal creditors (and from creditors of other business ventures) ...

French

Domaine(s)
  • Fiscalité

Spanish

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