1. It did not, however, include subchapter C corporations, legally incorporated businesses with no limits on the number of their shareholders. 2. Many of largest majority Hispanic-owned companies in the nation are subchapter C corporations and are therefore missing from the Census numbers. 3. Regular corporations, or C corporations, pay taxes on corporate income and shareholders pay taxes on dividends. 4. The report did not include C corporations, which are legally incorporated businesses with no limits on the number of shareholders. |