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2. S corporation - Wikipedia

   en.wikipedia.org/wiki/S_corporation

   The term "pass through" refers not to assets distributed by the corporation to the shareholder, but instead to the portion of the corporation's income, losses, deductions or credits that are reported to the shareholder on Schedule K-1 and are shown by the shareholder on his or her own income tax return. A distribution to a shareholder that is ...

3. I'm a Small Business Owner. Do I Need an IRS Form 1120-S For ...

   www.aol.com/finance/im-small-business-owner-irs...

   Continue reading → The post IRS Form 1120-S: Small Business Taxes appeared first on SmartAsset Blog. If you have formed a limited liability company that is being taxed as an S corporation, also ...

4. Internal Revenue Code section 355 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Section 355 of the Internal Revenue Code (IRC § 355) allows a corporation to make a tax-free distribution to its shareholders of stock and securities in one or more controlled subsidiaries. If a set of statutory and judicial requirements are met, neither the distributing corporation nor its shareholders recognize gain or loss on the distribution.

5. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Exceptions to shareholder taxation apply to certain nonroutine distributions, including distributions in liquidation of an 80% subsidiary [64] or in complete termination of a shareholder's interest. [65] If a corporation makes a distribution in a non-cash form, it must pay tax on any gain in value of the property distributed. [66]

6. Dividends received deduction - Wikipedia

   en.wikipedia.org/wiki/Dividends_received_deduction

   In order to receive the tax benefit of a dividends received deduction, a corporate shareholder must hold all shares of the distributing corporation's stock for a period of more than 45 days. Per §246(c)(1)(A), a dividends received deduction is denied under §243 with respect to any share of stock that is held by the taxpayer for 45 days or less.

7. Corporate tax - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax

   Most income tax systems levy tax on the corporation and, upon distribution of earnings (dividends), on the shareholder. This results in a dual level of tax. Most systems require that income tax be withheld on distribution of dividends to foreign shareholders, and some also require withholding of tax on distributions to domestic shareholders.