C Corporation (C Corp),
Definition of C Corporation (C Corp):
US business organization structure that provides several non-tax benefits (such as limited liability for the owners) and is popular as a staging base for raising large amount of investment capital by going public. Unlike in a S corporation, however, the entitys income is taxed twice first as corporate income, then as shareholder (dividend) income.
A large company or group of companies authorized to act as a single entity and recognized as such in law.
A group of people elected to govern a city, town, or borough.
Synonyms of C Corporation (C Corp)
Company, Firm, Business, Concern, Operation, Agency, Office, Bureau, House, Guild, Institution, Organization, Trust, Partnership, Federation, Conglomerate, Consortium, Syndicate, Group, Chain, Combine, Multiple, Multinational, Council, Town council, Municipal authority, Civic authority
How to use C Corporation (C Corp) in a sentence?
- One of the key advantages a C corporation have over a S Corporation is that they can deduct fringe benefits from their taxes as a business expense.
- The Cardiff Bay Development Corporation.
- When thinking of starting a new business, Amanda registered her corporation as a C Corporation because it gave her the best chance of making a lot of money.
- If you have a business that carries high risk, it may be beneficial to convert to a C Corporation in order to protect yourself.
- The City of London Corporation.
Meaning of C Corporation (C Corp) & C Corporation (C Corp) Definition