Private limited company including limited companies and US LLCs, are treated as bodies corporate subject to United Kingdom corporation tax if the profits of the entity belong to the entity and not to its members. A limited liability company (LLC) is a relatively new business structure authorized by state statutes. The LLC is chiefly inspired by the GmbH ("Company with limited liability"), a type of business organization in Germany, and by the , a type of business organization available in many Latin American countries. In the United States, the first limited liability company act appeared in Wyoming in 1977 as special interest legislation
Murray, Sons and Company International in 1972. In June 1999, Rothmans International was acquired by British American Tobacco. In 2004, British American Tobacco announced the possible closure of Murray, Sons and Company Ltd and began a consultation process to review the plant's future. The company's fate was announced in January 2005, with the loss of 63 jobs. Throughout its trading life, Murray Sons and Company Ltd manufactured various brands of tobacco products including pipe tobacco: Murray, Sons and Company Murray, Sons and Company Ltd was a tobacco manufacturing company based in Belfast, Northern Ireland. The company traded under its own name but under various