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A corporation is an organization —usually a group of people or a company —authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes. [ 1]: 10 Early incorporated entities were ...
t. e. A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Many companies, including most major corporations, are treated as C corporations for U.S. federal income tax purposes.
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.
Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. [ 2 ] Its best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, the Azure cloud computing platform and the Edge web browser.
The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. [6] In 2023, the company’s seat in Forbes Global 2000 was 80. [7]
A modern corporate office building in Münster, North Rhine-Westphalia, Germany An office building of Nokia Corporation in Hervanta, Tampere, Finland. A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a ...
A multinational corporation ( MNC; also called a multinational enterprise ( MNE ), transnational enterprise ( TNE ), transnational corporation ( TNC ), international corporation, or stateless corporation, [ 1] – with subtle but contrasting senses) is a corporate organization that owns and controls the production of goods or services in at ...