What is the difference between ade jure corporationand ade facto corporation, and what is necessary...

Question

What is the difference between ade jure corporationand ade facto corporation, and what is necessary to form each?
Your response must be at least 75 words in length and use one source.

One of the negative aspects of the corporate form of doing business is double taxation, which occurs when a corporation pays dividends to shareholders from profits that have already been taxed and the dividends, when received by shareholders, are taxed again. How does the use of a subchapter S corporation address the issue of double taxation?
Your response must be at least 75 words in length and use one source.

Shalini · Accepted Answer

Running Head: Business Law		2
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Business Law
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Business Law
The basic difference between the ade jure and ade facto corporation is a de jure corporation is termed as a Bonafide corporation that has fulfilled all the requirements and the limited liability protection that is mandatory in the eyes of law. A de jure corporation is set as per following all the necessary rules and regulations whereas A de facto corporation is considered as a good attempt to become an organization but due to some technical issues the corporation is not able to fulfill all the requirements as per the law.

What is the difference between a de jure corporation and a de facto corporation , and what is necessary to form each? Your response must be at least 75 words in length and use one source. One of the...

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