An LLC can be taxed either as a pass-through entity, like a sole proprietorship or partnership, or as a regular corporation. By default, an LLC is taxed as a pass-through entity, where the owners just pay taxes on the profits of the LLC at their individual tax rates. This is different from a regular C Corporation, which pays a corporate tax on its net income before distributing profits to the stockholders (the owners) as dividends.
Canada has a mixed economy. It can also sometimes be called a consumer-based economy, or a demand economy. This means that goods and services are produced based on demand: what consumers are willing to buy and the prices we are willing to pay.anada has a mixed economy. It can also sometimes be called a consumer-based economy, or a demand economy. This means that goods and services are produced based on demand: what consumers are willing to buy and the prices we are willing to pay.
Canada's long and complex relationship with the United States has had a significant impact on its economy and culture. Canada is a developed country and one of the wealthiest in the world, with the tenth highest nominal per capita income globally, and the eighth highest ranking in the Human Development Index.anada stretches from the Atlantic Ocean in the east to the Pacific Ocean in the west; to the north lies the Arctic Ocean. Greenland is to the northeast. By total area (including its waters), Canada is the second-largest country in the world, after Russia.