Question: The main difference between Subchapter S corporations and Subchapter C corporations is a. Their tax treatment. b. That the federal Subchapter S Revision Act covers

The main difference between Subchapter S corporations and Subchapter C corporations is

a. Their tax treatment.

b. That the federal Subchapter S Revision Act covers Subchapter S corporations but does not cover Subchapter C corporations.

c. Their limited liability of their shareholders.

d. Their structure of their corporate management.

L. Characteristics and Advantages of Corporate Form

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