Examples of C Corporations in the following topics:
-
- Four main types of corporations are designated as C, S, limited liability companies, and nonprofit organizations.
- C corporation refers to any corporation that, under United States federal income tax law, is taxed separately from its owners .
- A C corporation is distinguished from an S corporation, which generally is not taxed separately.
- A C corporation has no limit on the number of shareholders, foreign or domestic.
- Like a C corporation, an S corporation is generally a corporation under the law of the state in which the entity is organized.
-
- A C corporation refers to any corporation that is taxed separately from its owners.
- Although vastly outnumbered by sole proprietorships and partnerships, most of the largest companies in the U.S. are C corporations.
- Owners of C corporations are personally protected from any liability of the company - an idea known as the corporate veil.
- In return, the earnings of a C corporation are taxed both on the entity level and the individual level.
- However, owners enjoy the same limited liability awarded to C corporations.
-
- S status combines the legal environment of C corporations with partnership-like federal income taxation.
- Like a C corporation, an S corporation is generally subject to the laws of the state in which it is organized.
- Unlike a C corporation, an S corporation is not eligible for a dividends received deduction, nor is it subject to the ten percent of taxable income limitation applicable to charitable contribution deductions.
- In order to be eligible for S corporation status, a corporation must meet certain requirements:
- However, certain trusts, estates, and tax-exempt corporations, notably 501(c)(3) corporations, are permitted to be shareholders.
-
- For tax purposes, an LLC can be registered as a partnership or sole proprietorship (and a corporation even though it is not a corporation for other purposes).
- For tax purposes, an LLC can be registered as a partnership or sole proprietorship (and even a corporation even though it is not a corporation for other purposes).
- An LLC, although a business entity, is a type of unincorporated association and is not a corporation (calling it a limited liability corporation is incorrect).
- choice of tax regime: an LLC can choose to be taxed as a sole proprietor, partnership, S or C corporation;
- pass-through taxation (i.e., no double taxation), unless the LLC elects to be taxed as a C corporation;
-
- Norwood, NJ: Ablex Publishing Corporation.
- C.: U.S.
-
- Corporations must also submit identification and governing documents such as Articles of Incorporation and By-Laws.
- Corporate entities are generally required to be kept in active status through annual updates to a regulatory authority.
- Corporate entities may vary in numbers of owners from a single shareholder to an unlimited number.
- For example, US corporations with publicly traded shares are regulated by the US Securities and Exchange Commission.
- The corporation may employ workers and engage independent contractors as needed to increase skills available.Corporations are required, however, to acknowledge formally (in a written document) the individuals who are approved to engage in financial transactions on behalf of the entity.
-
- C., Soloway, E., Marx, R.
- C. (1994).
- Norwood, NY: Ablex Publishing Corporation.
-
- The corporation is one type of business structure.
- Similarly, the corporation does not cease to exist with the death of shareholders, directors, or officers of the corporation.
- Another benefit of the corporate structure is that, in the United States, corporations are generally taxed at a lower rate than are individuals.
- S corporations are merely corporations that elect to pass corporate income, losses, deductions, and credit through to their shareholders for federal tax purposes.
- Also, certain corporate penalty taxes (e.g., accumulated earnings tax, personal holding company tax) and the alternative minimum tax do not apply to an S corporation.
-
- Carroll, Archie. " A Three Dimensional Conceptual Model of Corporate Social Performance. " Academy of
- "Corporate Social Responsibility: Will Industry Respond to Cut-Backs in Social Program Funding?
- Perry, Anne C.
- Prahalad, C.K. and Stuart L.
- "Corporate Scandal Shakes India. " Wall Street Journal, A-1, 2009.
-
- Corporations have powerful legal rights, and some have revenues that exceed the revenues of sovereign nations.
- Once incorporated, a corporation has artificial personhood everywhere it operates, until the corporation is dissolved.
- A multinational corporation (MNC) is a corporation that either manages production or delivers services in more than one country .
- Anti-corporate advocates express the commonly held view that corporations answer only to shareholders, and give little consideration to human rights, environmental concerns, or other cultural issues.
- Multinational corporations are important factors in the processes of globalization .