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Abduction is:
Subchapter S Corporation
A type of corporation in the U.S. that elects to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code, allowing income to be passed through to shareholders and taxed at an individual level.
Shareholder Basis
The amount invested in a company by its shareholders plus any earnings retained by the company.
Earnings and Profits
A measure used for tax purposes, representing a corporation's net income plus or minus certain tax-preferred items.
Cash Dividend
A payment made by a corporation to its shareholders, usually in cash, out of its profits or reserves.
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