Dental Clinic tax implications for non destist

Kevin (3 Points)

02 October 2021  

Hi.

I am a non dentist starting a clinic with a family friend who is going to run the clinic along with me. But I will be investing in everything infrastructure, equipments also the running cost for 6 months.

As a dentist who's my friend would have some tax exemptions for the clinic but as an investor how does it affect me. We are thinking of partnership entity but is ther another entity I should look at for my Dental clinic. And from taxation perspective is there anything I as a partner a non medical personnel should be looking from the business clinic makes?

Thanks in Advance!