Letter S
business
S-Corp Eligibility
Statutory requirements for S-Corp status, including no more than 100 shareholders, only allowable shareholders (individuals, certain trusts, estates), one class of stock, and a domestic entity.
Related terms
More legal terms starting with S
Looking for citation help? How to cite law · Citation methodology
See also: Full glossary index
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.