TaxGuided
All glossary terms

Glossary term

C Corporation

A corporation taxed separately from its owners under Subchapter C of the Internal Revenue Code.

Related terms

2

Jurisdictions

us

Definition

C corporations pay federal corporate tax at 21 percent (post-TCJA) and distribute after-tax profits as dividends taxed again at the shareholder level - the so-called 'double taxation.' Most large public companies are C corporations.

Examples

  • A startup raising venture capital is typically structured as a C corporation.

Translations

ESCorporación C
ZHC公司
DEC-Corporation
FRC corporation
JAC法人

Citations

26 U.S.C. · 11

Related citations

Computed from the cross-reference graph. Links open the related entity on this site.

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.