+ Reply to Thread
Results 1 to 6 of 6

Thread: S corporation & C corporation

 
  1. #1
    Registered User
    Join Date
    Oct 2009
    Age
    29
    Posts
    15
    Rep Power
    92

    Default S corporation & C corporation

    Hello people,
    I am translating a text that is a kind of survey for enterprises. The first part consist of a list of characteristics in multiple choice. There I found this:

    Legal Structure:
    Corporation
    Partnership
    Sole Propietorship
    LLC
    other

    In the form I am translating, "Corporation" is checked and then I see the following:

    Corporation type:
    • General
    • Subchapter S
    • Subchapter C
    Does anybody know what it means?

  2. #2
    Senior Member
    Join Date
    Apr 2009
    Posts
    326
    Rep Power
    319

    Lightbulb Re: S corporation & C corporation

    Hi Anafe,
    Regarding the three different types of corporations, in USA companies can register in different ways for paying taxes:
    S corporation or Corporation Subchapter S means that the corporation does not pay any income taxes. Its shareholders pay their corresponding taxes according to the shares they receive from the corporation instead.

    C Corporation or Corporation Subchapter C means that both the corporation and the shareholders pay taxes. That is to say the corporation pays taxes according to its incomes and the shareholders also have to pay taxes for the share they receive.

    I think "general corporation" means that the coorporation pays taxes for the income of the company.

    Regards,

  3. #3
    Registered User
    Join Date
    Oct 2009
    Age
    29
    Posts
    15
    Rep Power
    92

    Thumbs up Re: S corporation & C corporation

    Hi Clarabe, thank you so much!!
    It was very clear. I understood everything.
    Thanks for giving me such a detailed reply.

    Thanks!

  4. #4
    Senior Member
    Join Date
    Apr 2009
    Posts
    326
    Rep Power
    319

    Talking Re: S corporation & C corporation

    You are welcome! Please note that I am not completely sure "general" refers to that. About the other two terms I am quite sure but I found no info about general corporations and I infered that from the context.

    See you in future threads!

  5. #5
    Registered User
    Join Date
    Oct 2009
    Age
    29
    Posts
    15
    Rep Power
    92

    Question Re: S corporation & C corporation

    Hello! It's me again

    Does anybody know how these termes are translated? haha
    I received a wonderful explanation but I forgot to mention I was also looking for the Spanish version of these words.

    Please heeeeeelp!

  6. #6
    Senior Member
    Join Date
    Apr 2009
    Posts
    326
    Rep Power
    319

    Wink Re: S corporation & C corporation

    No, Anafe. Nunca escuché ninguna referencia a eso en español.
    Igualmente pienso que "corporación del tipo sección S o C" es una posible traducción.

    Sería conveniente que esperes la opinion de alguien más.

    Saludos!!

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •