With personal tax rates now topping out at 42 %, compared with corporate rates of 34 % (or 35 % for businesses with income of more than $ 10 million), popular wisdom has it that owners of Subchapter S corporations should change to C - corporation status. (inc.com)
Taxed under Subchapter S of Chapter 1 of the Internal Revenue Code, the corporation passes corporate income, losses, deductions, and credit through to shareholders, who report them on their own tax returns. (rocketlawyer.com)
Funds in each structure are generally taxed as corporations and treated as regulated investment companies under Subchapter M of the Internal Revenue Code. (nextshares.com)