S corporation

noun

Definition of S corporation

US law

: a small business corporation that is treated for federal tax purposes as a partnership Because MDY is an S corporation, all net income is considered the owners' taxable income.— Jill Andresky Fraser

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More Definitions for S corporation

S corporation

Legal Definition of S corporation

see corporation

S corporation

Definition of S corporation

First Known Use of S corporation

Legal Definition of S corporation

WORD OF THE DAY

oblige