A C-corporation is a corporation which has not made the Subchapter S election to be taxed as a partnership. In other words, it is a regular corporation which is subject to two levels of taxes, one at the corporate level (for corporate profits) and one at the shareholder level (for dividends).

an entity apart from its owners and may engage in business, issue contracts, sue and be sued and pay taxes

a particular legal entity, chartered by means of a particular state, or else by means of the federal government

a regular corporation that does not wish to be taxed as a pass-through entity

a separate legal and tax entity

a separate taxpaying entity and must file its own tax return each year

Capital Contribution , Capital Gains or Losses , Cash Method , Certificate of Authority , Certificate of Good Standing , Close Corporation , Common Stock , Corporate Record Book , Corporate Seal , Corporation , Cumulative Voting

A C-Corporation is a type of corporation taxed under subchapter C of the Internal Revenue Code.

Any corporation that has not elected S Corporation status.