Subchapter S Corporation in United States

Practical Information

Note: Some of this information was last updated in 1982

A small corporation that earns limited money and elects to be taxed as an ordinary partnership. Stockholders thereby enjoy limited personal liability and individual taxation.

(Revised by Ann De Vries)

What is Subchapter S Corporation?

For a meaning of it, read Subchapter S Corporation in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Subchapter S Corporation.

See Also

See: S Corporation in this Legal Encyclopedia
See: S Corporation definition in the Law Dictionary