Corporations
What is the difference between a de jure corporation and a de facto corporation, and what is necessary to form each?
What is the difference between a de jure corporation and a de facto corporation, and what is necessary to form each?
Your response must be at least 75 words in length.
One of the negative aspects of the corporate form of doing business is double taxation, which occurs when a corporation pays dividends to shareholders from profits that have already been taxed and the dividends, when received by shareholders, are taxed again. How does the use of a subchapter S corporation address the issue of double taxation?
Answer preview what is the difference between a de jure corporation and a de facto corporation, and what is necessary to form each?
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