Incoming Investment

What is a "C" corporation?

A separate legal entity formed under state law that has authority to act in a manner which is distinct and independent from its shareholders. A "C" corporation is subject to U.S. federal income taxation at the entity level -- the income or losses of a "C" corporation do not flow through to the "C" corporation's shareholders. Since a "C" corporation is distinct and independent from its shareholders, the shareholders are not responsible for any share of the "C" corporation's liabilities.