C Corporation is a group of individuals granted a charter, legally recognizing them as a separate entity with rights and liabilities distinct from those of its members. C corporation is liable for any debts incurred rather than the individuals. The taxes are split between corporate and shareholders at different rates.
/PRNewswire/ -- Home Access Health Corporation, manufacturer of at-home laboratory test services, today said that individuals interested in obtaining an easy-to-use in-home HIV test that offers anonymity, confirmed results in a single day, and professional counseling should turn to its Home Access® Express HIV-1 Test System.
The kind folks at Intuit have posted this infographic on their blog this week that describes what a limited liability corporation is and how it stacks up to other kinds of corporate entities.
Edward M. Brown the CEO of tequila maker Patron Spirits sold his oceanfront mansion in Manalapan for $40 million. EB ESM31 LLC managed by Brown sold the 34498-square-foot house at 1370 S. Ocean Blvd. to Borogoves Ltd. a company registered in the U.K. island of Jersey. A U.K. corporate registry listed the acting officer of Borogoves Ltd. as Dr. Mary Christine Anne Henley. The home was built on the 2.8-acre site in 1972 but it received significant renovations after Browns company bought