who pays the taxes within an s corporation
S corporation An S corporation, for United States federal income tax purposes, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. In general, S corporations do not pay any income taxes. Instead, the corporation's income or losses are divided among and passed through to its shareholders. The shareholders must then report the income or loss on their own individual income tax returns.
Sales taxes in the United States There is no value added tax in the United States. There have been proposals to replace some Federal taxes with a value added tax.
Ä Ä (lower case ä) is a character that represents either a letter from several extended Latin alphabets, or the letter A with an umlaut mark or diaeresis.
United States House of Representatives The United States House of Representatives is the lower chamber of the United States Congress, the Senate being the upper chamber. Together they compose the legislature of the United States.