Articles on: Glossary

What is Members Interest?

The member’s interest refers to the percentage ownership that each member has in the company. The contributions by members need not be in the same proportion as the members’ percentage interest. It is the members’ interests, and not their contributions, which determine the proportion in which profits and losses are to be shared.

Reference: Members Interest - Professional Accountants and Tax Consultants

Updated on: 30/05/2024

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