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Taxes

Fiscal transparency

When we "look through" an entity, we are essentially attributing profits and losses directly to the individual members of that entity. This means that the profits of certain forms of enterprises, such as partnerships, are taxed at the individual level rather than at the enterprise level. This concept is important to understand in the world of finance, as it allows for a deeper understanding of how taxes are applied and the implications for individual members of an entity.
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