Doikwang. General principles of this Partnership Sole Proprietorship format, similar to the law is considered self-employed (all partners) are the same person, the burden of debt on both the joint venture tax liability from the revenue of the joint venture will be considered a "personal responsibility" of the profit of the business partners are to be distributed in proportion to the total "income" to calculate your personal income tax for self-employed individuals, and if the loss brought losses to be deducted from the tax base, and, in the case of gross debt and the gross amount is not enough to pay the debt. Owners (all partners), "to dig out the meat" is to dig out the bag and pay the debts of the business until. Therefore, if the business is experiencing problems. In addition, the partner of this business structure, there is the risk that the investment must be losing money as a lump sum. There is also the risk that they may want to take out more bags to bring the money to pay the debt until paid.
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