A Limited Liability Company combines some of the features of a corporation and some of the features of a partnership. Like a corporation, it protects ownership from liability for debts or other obligations, such as judgments, incurred by the business entity. The LLC has the tax advantages of a partnership. Corporations pay taxes on profits before distributing those profits to stockholders, creating a double tax burden.
Visit Cumbria for an experience like no other in England. The market towns of Kendal, Keswick and Cockermouth offer a unique shopping experience for the urban dweller, and the busy lakes of Windermere and Ullswater provide ample opportunity for boating or watersports.
Chaos in Cumbria: floods turn lives upside down in Lake District. Towns begin to count cost of flood damage and disruption, with schools closed, roads blocked and homes submerged. Drone footage shows extent of Storm Desmond flood damage. Lake District. Chaos in Cumbria: floods turn lives upside down in Lake District. Towns begin to count cost of flood damage and disruption, with schools closed, roads blocked and homes submerged. This article is 1 year old.