collapsible corporation

noun

: a corporation that plans to liquidate or whose shares are to be sold to others before sale of goods produced so as to turn what should be taxable income into a capital gain for shareholders

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Dictionary Entries Near collapsible corporation

Cite this Entry

“Collapsible corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/collapsible%20corporation. Accessed 12 Oct. 2024.

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