Corporate tax in the United States is a tax on the taxable income of a C corporation or an entity taxed as a C corporation. The corporate tax is the default tax levied on a business entity unless the entity qualifies to be taxed under different tax rules such as those for non-profit organizations and S corporations. The corporation is taxed under 26 U.S.C. § 11 and Subchapter C (26 U.S.C. § 301 et seq.) of Chapter 1 of the Internal Revenue Code. (Courtesy of Wikipedia read more) Premium Listing Opportunities If you are interested in premium listing opportunities on this website for your business, please contact us at info@focuspointlabs.com. Searching for a Corporate Tax Attorney? Send us your contact info below, and we will match you with a qualified professional free of charge! Full Name:  Your Email:  Biz Phone:  Cell Phone:  Organization:  Title:  select Owner CEO/President Director CFO VP Finance COO Attorney Accountant Other Location:  Biz Type:  select C-Corp S-Corp LLC Sole Proprietorship Partnership LP LLP Other Years in Biz:  select pre-formation 0-1 2-5 6-10 more than 10 Employees:  select not applicable 0-4 5-14 15-49 50-99 100-499 500-999 more than 1000 Reason for Inquiry:  Urgency:  select immediate next few weeks next few months

SUBCHAPTERS In order to competently advise on tax considerations in entity selection and formation, the advisor should be familiar with Subchapters C, K and S of IRC. "C" corporations refer to all corporations since Subchapter C is the primary applicable set of IRC sections. See IRC Sections 300 through 385. "S" corporations refer to Subchapter S, and all of Subchapter C applies to S corporations, except for sections that are otherwise modified by Subchapter S IRC §§ 1361 through 1379. That means to understand S corporations, practitioners have to under C corporations. There are only 14 Subchapter S IRS Sections; three of these relate to eligibility and three others relate to shareholders. IRC Section 1363 indicates that S corporations are not subject to (federal) tax and shareholders are taxed as individuals, making S corporations a pass-through entity. See § 1366. Subchapter K relates to partnerships and can be found at the IRC Section 701 through 777. IRC Section 701 confirms that each partner is taxed as an individual under the IRC, making partnerships a pass-through entity. © 2008 Jay Bettinger, Esq. All Rights Reserved. I. Introduction II. Knowledgeably Advising Your Client on Taxation Options A. Practice Support B. Legal Authority C. Subchapters D. Other Relevant IRC Provisions E. Circular 230 F. General Tax Principles G. Tax Doctrines H. Alternative Business Organizations - Tax Differences III. Conclusion

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