{"iri":"https://lexicon.financial/ext/concept/CCorporation","label":"C Corporation","definition":"A corporation taxed under Subchapter C of the IRC. The entity pays corporate income tax on its earnings; shareholders pay personal income tax on dividends — the classic \"double taxation\" of corporate earnings. Default tax treatment for a U.S. corporation that does not elect S status.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}