Search Results

Cooley GO in Asia offers the same free founder-focused legal resources and document generators that the US and UK ecosystems have come to trust.

Asia

S CORPORATION [S Corp]

Glossary Term

An “S election” is the process by which a company designates itself as an S Corporation. S Corporations generally do not pay federal income tax but pass the tax liability for their profits through to their stockholders.

Pass-Through Taxation

Glossary Term

Pass-through (or “flow thru”) taxation exists when owners of applicable types of business entities pay taxes on the business profits in their personal tax return forms.