Question about royalty trusts business entity

Discussion in 'Stocks' started by Blue_Bull, Apr 11, 2010.

  1. If royalty trusts can get around the double taxation issue ... why don't more companies register are royalty trusts? What's the drawback/limitation on being a royalty trust (or REIT for that matter)?

    Also, are LLCs allowed to be publicly traded, and if so, do they retain their tax advantages?