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Cumulus congestus:
Federal Income Tax
Tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Controlling Shareholders
Individuals or entities that own a majority of a corporation's shares, giving them significant influence over its operations.
Close Corporation
A corporation with few shareholders generally having a close personal relationship to each other and participating in the management of the business.
Surplus Revenues
Funds that exceed the expected or required amounts, often discussed in the context of governmental or organizational budgets.
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