An entity must elect to be treated as an S corporation and is limited by the types of owners, which may not exceed 100 shareholders. An S corporation does not pay federal income tax. Under California law, the S corporation is subject to a 1.5 percent tax on its net income and is a conduit similar to a partnership.
Lactose-free milks are the same as regular milk, except for the addition of lactase. Regular milk contains the milk sugar lactose, while lactose-free milk does not. Lactase, an enzyme produced by the stomach, breaks down the milk sugar galactose so you can absorb it. People who have lactose intolerance, a lactase deficiency, have gastrointestinal symptoms when they consume dairy products containing lactose.
Lactaid Milk The original dairy digestive supplement that works naturally to make dairy foods more digestible. Actually contains the natural enzyme, lactase, that breaks down the milk sugar, lactose, in dairy foods, and helps you enjoy them without stomach discomfort. LACTAID Milk is ready-to-drink. Use as you would any milk -- for drinking or cooking. Contains 100% less lactose than regular milk.