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
British and American Steam Navigation Company "President" cleared New York in March 1841 and was seen the next day struggling in a gale. Most sources conclude that her lack of power contributed to her loss with all hands. The company collapsed and the remaining ship was sold to the Belgian Government. List sourced from British and American Steam Navigation Company The British and American Steam Navigation Company was a steamship line that operated a regular transatlantic service from 1839 to 1841. Before its first purpose-built Atlantic liner, the "British Queen" was completed, British and American chartered the "Sirius" for two voyages in 1838 to beat the