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Business Entity Regulations

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Title: Business Entity Regulations

Essay Details:

Subject: Business

Author: Anthony F

Date: March 24, 2016

Level: University

Grade: A

Length: 2 / 572

Essay text:

Formalizing the business also clarifies the ownership stakes of those involved. One such entity is a corporation. The standard corporation, also called a C Corporation, is the most common corporate structure. Its profits are taxed both at the corporate and individual level and it must comply with the greatest number of formalities. In the state of Oklahoma, regulations for corporations exist in the Oklahoma Statutes. Title 18 of the Oklahoma Statutes, commonly known as the Oklahoma General Corporation Act (OGCA), applies to all corporations except those expressly excluded and those for which special statutes are in existence with which the provisions of Title 18 may conflict...

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