Parker Co, U.S. agricultural chemical company with $ 4 billion in sales, has agreed a joint venture with Spencer, Inc less than an American company, to develop and market a new herbicide for corn. Both companies need to consider marketing, taxation, and liability issues, to decide whether the new entity will be a corporation or partnership. Demonstrates various tax and non-tax factors affect the legal form of a joint venture. "Hide
by G. Peter Wilson, Jane Palley Katz Source: Harvard Business School 13 pages. Publication Date: June 17, 1992. Prod. #: 192155-PDF-ENG
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