Washington corporation 2025

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Mark Lamarre, President CEO of the Washington Companies, said: We are so grateful to have benefitted from Franks insightful leadership and commitment to continuous improvement throughout his tenure with us.
LLC members may be any person or organization while S Corporation shareholders must be individual U.S. citizens or U.S. residents, estates or certain trusts (they cannot be other corporations or LLCs). Also, the number of shareholders is limited for an S Corporation while an LLC may have an unlimited number of members.
Stock ownership restrictions. An S corporation can have only one class of stock, although it can have both voting and non-voting shares. Therefore, there cant be different classes of investors who are entitled to different dividends or distribution rights. Also, there cannot be more than 100 shareholders.
The Washington Companies connect the worlds supply chain and provide the resources needed by the global economy.
Dennis R. Washington (born 1934) is an American billionaire industrialist who owns, or co-owns controlling interests in, a large consortium of privately held companies collectively known as the Washington Companies and, in Canada, another collection of companies known as the Seaspan Marine Corporation.
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Who pays more taxes, an LLC or S Corp? Typically, an LLC taxed as a sole proprietorship pays more taxes and S Corp tax status means paying less in taxes. By default, an LLC pays taxes as a sole proprietorship, which includes self-employment tax on your total profits.

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