The Story of Limited Liability Company: Combining the Best Features of a Flawed Business Tax Structure

BUSINESS TAX STORIES, Steven A. Bank and Kirk J. Stark, eds., Foundation Press, Summer 2005

U of Alabama Public Law Research Paper No. 07-13

22 Pages Posted: 27 Jul 2005  

Susan Pace Hamill

University of Alabama School of Law

Abstract

This chapter from Business Tax Stories (Steven A. Bank and Kirk J. Stark eds, 2005) describes the emergence of the limited liability company from obscurity into a mainstream business organization choice during the last quarter of the 20th century. In addition to providing the inside story of the lobbying efforts of the first LLC pioneers and the LLC supporters during the early 1990s, this story places the rise of the LLC in its larger historical context and discusses the major tax and business policy issues raised by this new business entity.

Keywords: Business Organizations, Tax, Business Tax, Tax Policy, Legal History, Limited Liability Company

Suggested Citation

Hamill, Susan Pace, The Story of Limited Liability Company: Combining the Best Features of a Flawed Business Tax Structure. BUSINESS TAX STORIES, Steven A. Bank and Kirk J. Stark, eds., Foundation Press, Summer 2005; U of Alabama Public Law Research Paper No. 07-13. Available at SSRN: https://ssrn.com/abstract=760471

Susan Pace Hamill (Contact Author)

University of Alabama School of Law ( email )

P.O. Box 870382
Tuscaloosa, AL 35487
United States
205-348-5931 (Phone)
205-348-3917 (Fax)

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