(USA) A corporation that is subject to taxation as... Add a comment
an ownership structure that allows any number of individuals or companies to own shares. A C corporation is a stand-alone legal entity, so it offers some protection to its owners, managers and investors from liability resulting from its actions.
A business which is a completely separate entity from its owners, unlike a partnership. see also S Corporation.
The tax classification for every “for profit” corporation that does not make an election to be treated as an “S” corporation under the Internal Revenue Code. A “C” corporation is a separately taxable entity and therefore raises the issue of “double taxation” of the corporation's profits. See “S” corporation for comparison. To learn more about "C" corporations, click here.
an incorporated business that is taxed under Subchapter C of the Internal Revenue Code; also called a regular or ordinary corporation
A corporation that is subject to federal income tax at the corporate level. In other words, it has not elected S corporation status. The taxable income of a C corporation is subject to tax at the corporate level while the dividends continue to be taxed at the shareholder level.
A corporation that is taxed at the corporate level rather than the shareholder level.
Any corporation that hasn't elected the status of an S corporation
a completely separate tax and legal entity from its owners
a corporate entity (either U
a corporation that is taxed at two levels
a corporation which is taxed under Subchapter C of the Internal Revenue Code and is the default corporation formed by incorporating
a legal entity made up of persons who have received a charter legally recognizing the corporation as a separate entity having its own rights, privileges and liabilities, apart from those of the individuals forming the corporation
a legal entity that exists
a legal entity that is recognized by all states as a separate being from those who run it
a separate legal entity from its owners, the shareholders
a separate taxable entity
a separate tax payer
a separate taxpayer
a separate taxpaying entity for the purposes of federal income tax law
a separate taxpaying entity that pays taxes on its profits
a separate tax-paying entity whose profits are subject to corporate income tax rates
a separate tax paying entity with its own tax rates
a standard business corporation, which pays taxes on its profits at the corporate tax rate under Subchapter C of the tax code
a taxable entity in itself and gains and losses do not flow through to the shareholders
a tax shelter that provides many benefits for the small business entrepreneur
Synonymous with corporation. When a business incorporates, it does so as a C corporation unless a special tax election is made to become an S corporation.
Also known as regular corporations. They are called C corporations because they are defined in subchapter C of the Internal Revenue Code. They are taxed differently than S corporations. A C corporation is taxed on its earnings prior to distribution of dividends and the shareholders are also taxed on any dividends received.
A corporation is business ownership structure authorized by state law that allows a business to organize as a separate legal entity from its owners. Like an individual, it can carry on business (or other activities), can sue or be sued, and (unless it is non-profit) can issue shares of stock to raise funds with which to start a business or increase its capital. A major benefit of a corporation is that it limits the personal liability of the owners for claims against the corporation, unless they commit fraud.
An incorporated entity organized under state law that has not elected S Corporation income tax status. It offers limited personal liability for the owners, perpetual life, free transferability of ownership interests, and the ability to raise capital more easily than other types of entities, but must observe certain formalities, is less flexible and is subject to double taxation, an accumulated earnings tax, and a personal holding company tax.
A company whose federal income tax status is based on the company's income as an entity and the taxes are paid by the company.
A separate legal entity once it is formed, so it must file its own taxes and be responsible for its dealings. It can have unlimited numbers of shareholders, and those shareholders can be any kind of legal entity. Additionally, since corporations are taxed on their income and shareholders have to claim dividends as taxable income themselves, shareholders of a "C" corporation are double taxed on their dividend income.
The classic, general corporation. Sometimes referred to as a C Corporation due to it being taxed pursuant to Subchapter C of the IRS Code.
A corporation that is taxable on its income, even though some of that income is distributed (and taxed a second time) to the shareholders. NHCCF accepts gifts of stock from these types of corporations.
A C corporation is simply a standard business corporation. It is called a C corporation because it is taxed under subsection C of the IRS code.
A corporation that has not elected to be treated as an S Corporation. A C Corporation's earnings are taxed at the corporate level when they are earned and again at the shareholder level when they are paid out as dividends.
Created by state government, as a routine matter, upon the entrepreneur filing an application and paying a fee. It is a separate entity, with legal existence apart from its owners, the stockholders.
A corporation that pays taxes on its profits
A corporation that is taxable on its income, even though some of that income is distributed (and taxed a second time) to the shareholders. Gospel for Asia's Harvest Foundation accepts gifts of stock from this type of corporation.
A corporation that pays tax on its own income (separately from its shareholders) under the general rules of Subchapter C of the Internal Revenue Code. Contrast with S Corporation.
A tax term, taken from chapter "C" of the Internal Revenue Code. All corporations are automatically C corporations unless they file a timely election to be treated as an S corporation for tax purposes. C corporations must file and pay federal income tax and do not "pass through" taxable gains and losses. Since taxes on gains must be paid at the corporate level and dividend issued to shareholders are also taxed, the C corporation is potentially subject to "double taxation."
The most common corporate structure, also known as a general corporation. A C corporation may have an unlimited number of stockholders. Consequently, it is usually chosen by those companies planning to have more than 30 stockholders or large public stock offerings. See also: Corporation, S Corporation
A corporation whose profits are taxed separately from its owners under subchapter C of the Internal Revenue Code.
The classic corporate structure, it has the disadvantage that the corporation must pay corporate taxes before distributing income to its owners (resulting in "double taxation"), but has the advantages of allowing a greater number and type of owners. Companies with a large number of shareholders/owners (over 35), going public, or with institutional investors will usually have to be "C" corporations.
A corporation whose shares are held by shareholders and may be publicly traded.
A corporation that elects to be taxed as a corporation. The C corporation pays federal and state income taxes on earnings. When the earnings are distributed to the shareholders as dividends, this income is subject to another round of taxation (shareholder's income). Essentially, the C corporations' earnings are taxed twice. In contrast, the S corporation's earnings are taxed only once. Source
A C corporation (or "C corp.") is a corporation in the United States that, for Federal income tax purposes, is taxed under and Subchapter C ( et seq.) of Chapter 1 of the Internal Revenue Code.A C corporation may also be subject to a separate Federal income tax called the Alternative Minimum Tax. Most major companies (and many smaller companies) are treated as C corporations for Federal income tax purposes.