answersLogoWhite

0


Best Answer

to pay dividends

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the primary use of a C corporation's profits?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the IRS Form 1120?

Form 1120 is the form that C-corporations use to file their business returns. Form 1120s is used by S-corporations.


Which form of business organization is taxed twice?

a C corporation the corporation is a separate entity who's profits are taxed then what's left of those profits are distributed/shared by the individual share holders who will be taxed on their individual share of the profits. Where as in a S corporation, subchapter corporation, the corporation entity I believe doesn't get taxed only the individual share holders do. Most small businesses are S corporations.


Does a disc corporation qualify for s corporation status?

No. IC-DISC corporations must be C corporations.


Does the Canadian forces use AK-47s?

No, the primary weapon is the C-7.


If You Are A Business, Know The Right Tax Extension?

If you are a business such as a sole proprietorship, an S corporation, a limited liability company or a partnership, you must know what form to use to file for the normal six-month extension. For a sole proprietorship, use Schedule C of Form 1040 (or C-EZ). Partnerships use form 1065, as do limited liability companies. S corporations use Form 1120S, while corporations use Form 1120. C and S corporations must file the extension request before their March return due date. The others must file before the regular April due date.


Can you sue a C Corp?

C corporations are separate entities that can sue and be sued. However, because C Corporations are separate, they are taxed separately from their owners


Primary and secondary key in c and c plus plus?

There are no "primary and secondary keys" in c and c plus plus.


What was President Theodore Roosevelt's position on corporate power?

a. governments should open land to mining and dam construction. b. large corporations are a dangerous concentration of power that should be destroyed. c. government should regulate corporations, punish them when necessary, and protect the average citizen from their power. d. government should get rid of all regulation that might hurt corporate profits.


What has the author C Warren Goldring written?

C. Warren Goldring has written: 'How to invest for bigger profits' -- subject(s): Securities, Investments 'Your guide to investing for bigger profits' -- subject(s): Investments


What are some notable corporations in Georgia?

A list of corporations in Georgia can be found on the Georgia Secretary of State website. Some notable corporations in Georgia include B&B Auto Group and C&A Aviation.


What is the use of visual c plus plus?

It's primary purpose is to develop programs for the Windows platform.


What has the author Norman C Tobias written?

Norman C. Tobias has written: 'Taxation of corporations, partnerships, and trusts' -- subject(s): Business enterprises, Corporations, Law and legislation, Partnership, Taxation, Trusts and trustees