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This situation has arisen before, but the solutions to prevent individuals from using corporations to shelter income -- the personal holding company rules and the accumulated earnings tax -- are complicated and ineffective.
"Finally, after victims' groups had been trying to raise awareness of the asbestos hazard for so long, asbestos- using corporations were not only admitting their guilt but offering to compensate victims, including widows whose husbands had worked in factories and shipyards.
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There are ways we can use corporations as means to achieve fundamental human values, but corporations do not of themselves work for these values.
Karl Rove trashed it as an example of "Chicago-style politics" that used corporations to buy political advertising.
Mr. Zimman envisions other uses: corporations hoping to improve brains of older employees; sports enthusiasts and hobbyists honing, say, bird-watching skills.
Using the corporation of the moment as a model seems so obviously right how could it go wrong?
Using the corporation of the moment as a model seems so obviously right — how could it go wrong?
The K-1 is used by corporations to report an individual portion of the corporations' income.
Deliveries of private jets, used by corporations and wealthy individuals, rose 41percentt.
Lotus is the leading provider of instant messaging systems used by corporations.
The Silicon Valley company also recently entered the market for server computers used by corporations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com