This occurred most recently in November 2004 where Mary McAleese was inaugurated as President for a second term without a presidential election as she was the only candidate. The spending limit in a Presidential election is â¬750,000 and the amount a candidate can be reimbursed from the State is â¬200,000.
Flexible is the best word to describe the structure of an LLC, or limited liability company. It can be anything its owners want it to be. This makes it the choice of many small business owners. An LLC can be an individual enterprise, an association of two or more people or an investment vehicle with multiple owners, called members.
An LLC is an entity created by state statute. Depending on elections made by the LLC and the number of members, the IRS will treat an LLC either as a corporation, partnership, or as part of the owner's tax return (a disregarded entity).