A corporation is a legal entity created by individuals or shareholders that functions as a separate organization from its owners. Corporations have some of the same legal rights as individuals. They ...

Choosing a legal structure for your business is an essential step in the process of creating a business. The legal structure of your business determines how your business pays taxes on its profits and ...

Because domestic corporations are subject to tax on their worldwide income while foreign corporations are subject to tax only on their U.S.-source income, corporate residence is one of the more ...

WASHINGTON (CN) - The Internal Revenue Service has created a bright-line test to determine if foreign corporations that buy U.S. firms are really operating in their claimed home countries or just ...

Regarding Charles Goodhart’s solution for dealing with moral hazard in light of recent bank failures (Letters, March 24), we need only remind ourselves of The Devil’s Dictionary (1911), and Ambrose ...

A small business may operate under various legal forms. The most common of these, particularly for new startups, is the sole proprietorship. The individual who owns the business receives all of its ...