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S Corporation

A form of corporation, allowed by the IRS for most companies with 75 or fewer Shareholder, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. also called Subchapter S Corporation.

Related Terms: 13 APT, Benefit, Call, Inc., ITS, Low, Owe, Ratio, Shareholder, Share, S Corporation, Subchapter S Corporation, Tax
Other Related Pages: Category: Taxes Starting With: S
Semi Related Terms: 533 CLICK HERE TO VIEW