S Corporation


 

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S Corporation

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.



S Corporation

Similar Matches

Pension Benefit Guaranty Corporation

Pension Benefit Guaranty Corporation

In the US, a federal corporation, set up in conjunction with the Employee Retirement Income Security Act (ERISA) of 1974, to guarantee basic benefits to participants in pension plans which are underfunded.


Securities Industry Automation Corporation

Securities Industry Automation Corporation

In the US, SIAC operates the New York and American Stock Exchanges automation and communications systems to support trading, market data reporting, and surveillance activities. SIAC also supports the NSCC's nation-wide clearance and settlement systems and it is the systems processor for industry-wide National Market System components, such as CTS,CQS, and ITS. SIAC is jointly owned by the NYSE and AMEX.


Corporation

Corporation

A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things.


Security Industry Automated Corporation (SIAC)

Security Industry Automated Corporation (SIAC)

Entity that executes automated DOT orders.


Foreign corporation

Foreign corporation

A corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. See: Alien corporation.


Further Suggestions

Articles of incorporation
Mortgage Backed Securities Clearing Corporation (MBSCC)
Financing Corporation (FICO)
Shell corporation
Eleemosynary Corporation
corporation tax
Section 352 of the Income and Corporation Taxes Act 1988
National Securities Clearing Corporation
Controlled foreign corporation (CFC)
Resolution Funding Corporation (RefCorp)
Quasi public corporation
National Securities Clearing Corporation (NSCC)
Multinational corporation
Resolution Trust Corporation (RTC)
Pension Benefit Guaranty Corporation (PBGC)
Foreign Sales Corporation (FSC)
Edge Act corporation
Edge corporations
Federal Home Loan Mortgage Corporation (FHLMC)
closely held corporation
Commodity Credit Corporation
Private Export Funding Corporation (PEFCO)
Alien corporation
Options Clearing Corporation
Incorporation


 
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