S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.
S corporation shall have the meaning set forth in Section 1361 of the Code.
S corporation means an incorporated entity for which a valid election under section 1362 of the Internal Revenue Code (26 U.S.C. 1362) is in effect.
Examples of S corporation in a sentence
Business Entity” means any individual, business, partnership, joint venture, corporation, S- corporation, limited liability corporation, limited liability partnership, sole proprietorship, joint stock company, consortium, or other private legal entity recognized by statute.
For example, you may need to provide updated information if you are a C corporation that elects to be an S corporation, or if you are no longer tax exempt.
More Definitions of S corporation
S corporation means an incorporated entity for which a valid election under section 1362 of
S corporation means "S corporation" as defined in Section 1361(a) of the Internal Revenue Code;
S corporation means any corporation that is an S corporation for federal income tax purposes.
S corporation means a corporation included in the definition of an "S corporation" pursuant to section 1361 of the federal Internal Revenue Code of 1986, 26 U.S.C. s.1361.
S corporation means a corporation for which a valid election under section 1372(a) of the Internal Revenue Code is in effect. A corporation must file Form 84-105 if (a) it elected to be an S corporation by filing Federal Form 2553, (b) the IRS accepted the election, and (c) the election remains in effect. Do not file Form 84-105 until the corporation has been notified by the IRS that the federal election has been accepted.
S corporation means an S corporation as defined in Section 1361, Internal
S corporation means a corporation included in the definition of