Ask Question
12 June, 21:11

Define C corporation, and S corporation

+4
Answers (1)
  1. 12 June, 21:35
    0
    C corporation, under United States federal income tax law, refers to any corporation that is taxed separately from its owners

    An S corporation, for United States federal income tax, is a closely held corporation that makes a valid election to be taxed under Sub chapter S of Chapter 1 of the Internal Revenue Code.

    Explanation:

    .
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Define C corporation, and S corporation ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers