s corporation meaning

  "s corporation" in a sentence
[Finance]
A corporation that elects not to be taxed as a corporation. That is, the corporation does not directly pay federal income tax on its earnings. Similar to a partnership, it passes its income or losses and other tax items on to its shareholders.

Examples

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  1. the construction of china's corporation reforming system
  2. the theoretics review on our country's corporation early-warning studies
  3. issue raised by council : legal aid for owner s corporation
  4. standard pool s corporation
  5. standard and poor's corporation

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