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Article: Corporations and Business Regulation
- Article from:
- American Eras
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Copyright informationCOPYRIGHT 1997 Gale Research Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Corporations and Business Regulation
Sources
Free Incorporation.
Like private law, the changing legal treatment of corporations reflected an assault on privilege and the impact of an erratic economy. Anglo-American law originally viewed the process of incorporation as a grant of authority issued by the government to private persons charged with performing specific tasks that benefited the public as well as the investors in the corporation. A good example is a corporation created to build a bridge, which would improve transportation for the community and make a regulated profit by charging tolls. The mechanism for policing corporations was the corporate charter, issued on a one-by-one ...
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Article: S corporation tax planning update.
The National Public Accountant;
January 1, 1997 ;
700+ words
......advantages already enjoyed by S corporations. This form of organization combines...of a pratnership. Currently, S corporations account for more than 40% of all...Because certain restrictions on S corporations, however, more tax planning and...
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