closely held corporation


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Related to closely held corporation: private corporation
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.closely held corporation - stock is publicly traded but most is held by a few shareholders who have no plans to sell
corp, corporation - a business firm whose articles of incorporation have been approved in some state
References in periodicals archive ?
Fortunately, many states have enacted laws that relax the non-essential formalities on closely held corporations.
Courts analogize these duties to those owed within a statutorily created closely held corporation.
is a closely held corporation that manufactures marine engines.
To operate under these relaxed rules, some states require that the corporation both qualify as a closely held corporation (typically fewer than 50 shareholders) and elect "statutory close corporate" status.
469(h)(4)(A), a closely held corporation or a personal service will be treated as materially participating in an activity only if one or more shareholders holding stock representing more than 50% of the outstanding stock of such corporation materially participates in such activity.
The IRS has typically applied this asset approach when a closely held corporation functions as a holding company and earnings are relatively low in comparison to the fair market value of the underlying assets.
A contentious issue in estate taxation is the valuation of stock in a closely held corporation.
By Kids For Kids(TM) (BKFK(TM)), a closely held corporation based in Stamford, is a groundbreaking new venture entirely dedicated to inspire the innovative spirit within every kid.
The final regulations apply to any individual or closely held corporation otherwise subject to the Sec.
However, when the transfer involves a third party such as a closely held corporation, the tax consequences may be less predictable.
a closely held corporation, that operates more than 1,425 motion picture screens in the U.
The settlement agreement required the couple's closely held corporation (third party) to redeem the wife's stock.