Examlex
In late June 2015,Art is audited by the state and a large deficiency is assessed.In November of the same year,his Federal income tax return is audited by the IRS.What has probably happened?
Corporation Acts
Laws and regulations that govern the formation, operation, and dissolution of corporations.
Market Capitalization
The total value of a company's outstanding shares of stock, calculated by multiplying the current market price of one share by the total number of shares.
Authorized Shares
The highest number of shares a company is permitted to issue according to its articles of incorporation.
Common Shares
Equity securities that represent ownership in a corporation, entitling holders to vote on corporate matters and share in the profits through dividends.
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