small business corporation
Defined in 1 place of the United States Code.
For purposes of this subchapter, the term “small business corporation” means a domestic corporation which is not an ineligible corporation and which does not—
(A) have more than 100 shareholders,
(B) have as a shareholder a person (other than an estate, a trust described in subsection (c)(2), or an organization described in subsection (c)(6)) who is not an individual,
(C) have a nonresident alien as a shareholder, and
(D) have more than 1 class of stock.
Source
- 2005–present26 U.S.C. § 1361Internal Revenue Code · S corporation defined · for purposes of this subchapter
For purposes of this subchapter, the term “small business corporation” means a domestic corporation which is not an ineligible corporation and which does not—
(A) have more than 35 shareholders,
(B) have as a shareholder a person (other than an estate and other than a trust described in subsection (c)(2)) who is not an individual,
(C) have a nonresident alien as a shareholder, and
(D) have more than 1 class of stock.
Source
- 1994–199626 U.S.C. § 1361Internal Revenue Code · S corporation defined · for purposes of this subchapter
For purposes of this subchapter, the term “small business corporation” means a domestic corporation which is not an ineligible corporation and which does not—
(A) have more than 75 shareholders,
(B) have as a shareholder a person (other than an estate, a trust described in subsection (c)(2), or an organization described in subsection (c)(6)) who is not an individual,
(C) have a nonresident alien as a shareholder, and
(D) have more than 1 class of stock.
Source
- 1997–200526 U.S.C. § 1361Internal Revenue Code · S corporation defined · for purposes of this subchapter
For purposes of this subchapter, the term “small business corporation” means a domestic corporation which is not an ineligible corporation and which does not—
(A) have more than 75 shareholders,
(B) have as a shareholder a person (other than an estate and other than a trust described in subsection (c)(2)) who is not an individual,
(C) have a nonresident alien as a shareholder, and
(D) have more than 1 class of stock.
Source
- 1996–199726 U.S.C. § 1361Internal Revenue Code · S corporation defined · for purposes of this subchapter