taxation of C corporations

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:taxation_topic
gptkbp:appliesTo	C corporation
gptkbp:canCarryBackNetOperatingLosses	false (post-2017)
gptkbp:canCarryForwardNetOperatingLosses	true
gptkbp:canDeductBusinessExpenses	true
gptkbp:dividendsNotDeductible	true
gptkbp:dividendsTaxedToShareholders	true
gptkbp:federalCorporateTaxRate	21%
gptkbp:filesTaxReturn	gptkb:Form_1120
gptkbp:subject	double taxation
gptkbp:subjectToAccumulatedEarningsTax	sometimes
gptkbp:subjectToAlternativeMinimumTax	false (post-2017)
gptkbp:subjectToEstimatedTaxPayments	true
gptkbp:subjectToIRSAudit	true
gptkbp:subjectToPersonalHoldingCompanyTax	sometimes
gptkbp:subjectToStateCorporateTax	true
gptkbp:taxableIncomeIncludes	gross income minus allowable deductions
gptkbp:taxedAtEntityLevel	true
gptkbp:taxedAtShareholderLevel	true
gptkbp:taxYearCanBeFiscalOrCalendar	true
gptkbp:bfsParent	gptkb:U.S._Internal_Revenue_Code gptkb:Tax_Management_Portfolios
gptkbp:bfsLayer	8
https://www.w3.org/2000/01/rdf-schema#label	taxation of C corporations