For purposes of this title, the term “S corporation” means, with respect to any taxable year, a small business corporation for which an election under section 1362(a) is in effect for...
A corporation is an entity that acts as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock sales and exist indefinitely. Corporations are primarily authorized and governed by state law with many states following the Model Business Corporation Act provided by the ABA. These state corporation laws typically require articles of incorporation to document the corporation's creation and to provide prov ...
by Brette Sember, J.D. Brette is a former attorney and has been a writer and editor for more than 25 years. She is the author of more than 4... · Read more... ; Legally reviewed by Allison DeSantis, J.D. Allison is the Director of Product Counsel at LegalZoom, advising and providing leadership to internal teams on the d... · Read more...
For purposes of this title, with respect to any taxable year— (1) The term S corporation means a small business corporation (as defined in paragraph (b) of this section) for which an...
(LLLP) S corporation Delaware corporation / statutory trust Massachusetts business trust Nevada corporation Others Aktiebolag (AB) Aktiengesellschaft (AG) Ansvarlig selskap (ANS)...
The meaning of S CORPORATION is a small business corporation that is treated for federal tax purposes as a partnership. How to use S corporation in a sentence.
Korea Investment Corporation | LinkedIn 팔로워 36명 | South Korea's Sovereign Wealth Fund | Korea Investment Corporation (KIC) is South Korea's sole sovereign wealth fund established by the government...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
An S corporation is a variation of a corporation within Subchapter S of Chapter 1 of the Internal Revenue Code. To be an S corporation, your business needs to be set up as a corporation by...
Considering starting a corporation? Learn about the pros and cons of the S Corporation business structure and see if it's right for your venture.