The Federal Income Tax Impact of the Operating Function on the Choice of Business Form: Partnership, Subchapter C Corporation, or Subchapter S Corporation

Authors

Samuel C. Thompson Jr., Penn State LawFollow

Document Type

Article

Publication Date

1-1-1975

First Paragraph

The federal income tax impact of the operating function of a business enterprise may vary depending on the business form. Of course, other functions such as organizations, liquidations, reorganizations, redemptions of ownership interests, sales of ownership interests, deferred compensation arrangements, etc., may also have a tax impact on -the choice of form, but these functions are not, in most cases, as important to such decision as the operating function.

Recommended Citation

Samuel C. Thompson Jr., The Federal Income Tax Impact of the Operating Function on the Choice of Business Form: Partnership, Subchapter C Corporation, or Subchapter S Corporation, 4 Black L.J. 11 (1975).