Accountancy, asked by sadiksaiyed62, 7 months ago

What do you mean by partner?​

Answers

Answered by adityapatil9876
0

Answer:

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Explanation:

A partner is a member in a partnership, an entity in which both the profits or losses of a business or other venture are shared between all members. Corporations favor partnerships because of a taxation structure that eliminates dividend taxes upon the profits of owners.

A partner is a member in a partnership, an entity in which both the profits or losses of a business or other venture are shared between all members. Corporations favor partnerships because of a taxation structure that eliminates dividend taxes upon the profits of owners.In information technology, a partnership can indicate a relationship that extends beyond monetary considerations. For instance, one software maker might agree to integrate another company's product or service into their products or agree to support a common standard or protocol. Other partners may be aligned together for expressly non-profit goals, like sharing internal resources for disaster recovery, open source software development or digital education initiatives.

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