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What is a C corporation and a S corporation?How does a partnership relate to...

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Accounting

What is a C corporation and a S corporation?

How does a partnership relate to it?

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S Corporation A Subchapter S S Corporation is a form of corporation that meets specific Internal Revenue Code requirements giving a corporation with 100 shareholders or less the benefit of incorporation while being taxed as a partnership The corporation can pass income directly to shareholders and avoid the double taxation that is inherent    See Answer
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In: AccountingWhat is a C corporation and a S corporation?How does a partnership relate to it?What is a C corporation and a S corporation?How does a partnership relate to it?

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