subchapter S

noun
\ -ˈes \

Legal Definition of subchapter S

: a subchapter of chapter 1 of the Internal Revenue Code that allows a small business corporation's taxable income to be computed in a manner similar to that used for a partnership — see also S corporation at corporation

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Dictionary Entries Near subchapter S

subchapter

subchapter S

subchapter S corporation

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Cite this Entry

“Subchapter S.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/subchapter%20S. Accessed 19 Aug. 2022.

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