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.
Milk Intolerance (Definition). Milk intolerance (lactose intolerance), is a condition where a person's body does not produce enough of the enzyme lactase, which works to digest the milk sugars. Without this enzyme, the milk sugar goes undigested, which can cause bloating, gas, and diarrhea....Read more.ilk Intolerance (Definition). Milk intolerance (lactose intolerance), is a condition where a person's body does not produce enough of the enzyme lactase, which works to digest the milk sugars. Without this enzyme, the milk sugar goes undigested, which can cause bloating, gas, and diarrhea.