Legal Entity - TX
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Revision as of 07:45, 24 February 2025 by HansdG (talk | contribs) (Created page with "A Legal Entity is an organization that has legal recognition and can enter into contracts, own assets, and be held liable in legal proceedings. It represents a business, institution, or corporate entity that operates under a registered name and jurisdiction. A Legal Entity is distinct because it has legal accountability—it can enter contracts and be held liable in court. Examples include corporations, partnerships, government agencies, and non-profits. Category: Tax...")
A Legal Entity is an organization that has legal recognition and can enter into contracts, own assets, and be held liable in legal proceedings. It represents a business, institution, or corporate entity that operates under a registered name and jurisdiction. A Legal Entity is distinct because it has legal accountability—it can enter contracts and be held liable in court. Examples include corporations, partnerships, government agencies, and non-profits.