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An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [1] In general, S corporations do not pay any income taxes.
News Corp logo. This is a list of assets owned by the mass media company News Corp. Television and radio ... Australia's Best Recipes – bestrecipes.com.au;
The GAO report did not consider the potential use in the international forum of SOEs as extensions of a nation's foreign policy utensils. A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
A combination of a state's corporation law, case law developed by the courts, and a corporation's own articles of incorporation and bylaws determine how power is shared. In general, the rules of a corporation's constitution can be written in whatever way its incorporators choose, or however it is subsequently amended, so long as they comply ...
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.
In theory, a corporation cannot own its own stock. An exception is treasury stock , where the company essentially buys back stock from its shareholders, which reduces its outstanding shares. This essentially becomes the equivalent of unissued capital, where it is not classified as an asset on the balance sheet (passive capital).
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Learning Corporation of America library – sold to Phoenix Learning Group; MundoFox (now MundoMax) partnership with RCN TV sold to RCN. Rights to Batman 1966–68 television library; Sportsnet (20%) – sold to Rogers Media in 2004
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