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I'm a United States citizen entertaining a partnership with a company based in England. The proposal is for a 50% stake in the company and the company is already in existence as of February 2012 (shown on its incorporation documents).
I am seeking legal and accounting expertise and guidance. I'm seeking a professional that can advise me on how best to structure the partnership. There are obvious tax implications here in the states and I want to be certain to maximize my after tax income here in the United States. To do so, I first need to define the partnership relationship accordingly. So the question is, what type of arrangement will:
- Protect my business interest
- Offer adequate protection for me (and my partner)
- Exclude me from being liable for any existing corporate debt or legal problems
- Minimize my tax liability both in the USA and the UK
I've attached a sample agreement for a partnership here in the United States. I would imagine that the agreement between me and...
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