Business Organizations

Subchapter S Corporation

Learn about the definition for this legal term.

What is Subchapter S Corporation?

A corporation that has a limited number of owners and which provides for corporate income to be taxed only at the level of each shareholder's personal income tax return.

Further Reading

For more detailed information, see our related Business Organizations terms:

Stephanie Bagnall

Reviewed by

Stephanie Bagnall

Licensed Attorney and Legal Researcher

Stephanie Bagnall is a Georgia-licensed attorney and legal researcher with experience in accessibility law, compliance, employment law, and legal writing. She helps develop and review BarPrepHero's Legal Terms content for clarity, accuracy, and usefulness to bar exam students.

View Stephanie on LinkedIn

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now