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t. e. 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.
The Constitution of the State of New Jersey is the basic governing document of the State of New Jersey. In addition to three British Royal Charters issued for East Jersey, West Jersey and united New Jersey while they were still colonies, the state has been governed by three constitutions. The first was adopted on July 2, 1776, shortly before ...
Charter Study Commission. v. t. e. A borough (also spelled boro ), in the context of local government in the U.S. state of New Jersey, refers to one of five types and one of eleven forms of municipal government (in addition to those established under a special charter ). [ 1] The borough is the most common form of local government in New Jersey.
United States corporate law. The New York Stock Exchange ( headquarters pictured) is the major center for listing and trading shares in United States. Most corporations are, however, incorporated under the influential Delaware General Corporation Law. United States corporate law regulates the governance, finance and power of corporations in US law.
New Jersey followed New York's lead in 1816, when it enacted its first corporate law. [3] In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business. [3] Delaware did not enact its first corporation law until 1883.
New Jersey is governed under a constitution that was enacted in 1947 during a convention held at Rutgers University 's College Avenue Gymnasium in New Brunswick, New Jersey. [ 9] Much of the political structure of the 1844 constitution was carried into the 1947 document. The governor, elected by the people, was elected for a four-year term ...
The New Jersey Department of Corrections operates 13 major correctional or penal institutions, including seven adult male correctional facilities, three youth facilities, one facility for sex offenders, one women's correctional institution and a central reception and intake unit; and stabilization and reintegration programs for released inmates.
Flag used by the Port Authority, a bicolor of Buff and Blue with the coat of arms of New Jersey and New York surmounted on gold fringe. The Port Authority of New York and New Jersey, (PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ) is a joint venture between the U.S. states of New York and New Jersey, established in 1921 through an interstate compact authorized by the United ...
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related to: new jersey s corporation requirements