C Corporation - Definition

A business which is a completely separate entity from its owners, unlike a partnership. C corporations are an alternative to S corporations, where profits pass through to owners and are only taxed at the individual level. It provides legal protection of corporations but are taxed like sole proprietorships. Many major companies in the United States (and many smaller companies) are treated as C corporations for U.S. income tax purposes



Terms near "C Corporation"

C shares
Cable
Cafeteria plan
CAGR - Compound Annual Growth Rate
Calendar effect
Calendar Spread
Calendar year
Call date
Call money market
Call money rate
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