"Drakkon- Most Glorious and Upright Person of Genius" (rex-imperator)
07/14/2015 at 12:30 • Filed to: FCA LLC
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"Drakkon- Most Glorious and Upright Person of Genius" (rex-imperator)
07/14/2015 at 12:30 • Filed to: FCA LLC | 0
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So biz people smarter than me: I run a business (S-corp) and I have to ask because it boggles me. Why is Fiat Chrysler America run as an LLC instead of a C-corp?
LeadfootYT
> Drakkon- Most Glorious and Upright Person of Genius
07/14/2015 at 12:34 |
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Not sure the reasoning, but a lot of “importer” companies operate as LLCs. BMW Group’s three brands do (e.g, BMW of North America, LLC), as do a few others.
Patrick Nichols
> LeadfootYT
07/14/2015 at 12:45 |
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Might have something to do with it being easier to operate as a DBA if you’re an LLC
macanamera
> Drakkon- Most Glorious and Upright Person of Genius
07/14/2015 at 12:49 |
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Just the right combination of liability and tax benefit, that's all.