erwinarmijos erwinarmijos
  • 02-05-2020
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Define C corporation, and S corporation

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GeoRGe260
GeoRGe260 GeoRGe260
  • 02-05-2020

Answer:

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:

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