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.
A mixed economy is an economic system that has some combination of traditional, command, and market economies; or is a modified free enterprise economy. Mixed economies exist because the world is NOT neat and orderly. Often mixed economies form when one type of economy comes into contact with other cultures and they borrow ideas. Major events such as revolutions and economic depressions may cause economic systems to change, and sometimes a mixed economy is the result of an economy simply changing over time.