Only a Corporation That Qualifies Under State Law Can Be

question 128

True/False

Only a corporation that qualifies under state law can be treated as a corporation for Federal income tax purposes.

---

Definitions:

PayPerPost

An online business model where bloggers and other content creators are paid to write and publish sponsored content on their platforms.

Filter Bubbles

A phenomenon where the personalization of web content results in users being isolated in their own cultural or ideological bubbles, due to algorithms filtering what they see online.

Promote

To support or actively encourage a cause, idea, or the advancement of someone to a higher position or rank.

Credit-Scoring Start-Up

A new business venture focused on developing algorithms or models to assess an individual's or business's creditworthiness.