Business Entities in the US

Summarized in tidy tables

There are many types of business entities in the United States for two reasons. First, there is no federal registration. Each state authorizes legal entities by statute and common law.

Second, a complex tax code creates a level of variation for most types of legal entities. For example “C Corporations” and “S Corporations” are both corporations under state law, but each takes advantage of different subchapters of the tax code.

Get the data and tables in the full article.

Originally published at www.berkmansolutions.com.