Discount store Retail Ranking; June 2014), operates more than 10,121 discount stores or discount shops worldwide. Australia has four main discount shops including Aldi, Big W, Kmart, and Target, plus in the Sydney region only, Victoria's Basement. Woolworths entered Canada in the 1920s, but the stores were converted to the Foot Locker, Champs Sports and other stores by 1994. Kresge's entered Canada in 1929. Zellers was founded in 1931, and was acquired by the Hudson's Bay Company in 1978. Giant Tiger opened its first store in Ottawa in 1961, modeled on Woolworths. Winners was founded in 1982 in Toronto, and sells off-price
S corporation have been run as partnerships or sole proprietorships are often run as corporations with a small number of shareholders in order to take advantage of the beneficial features of the corporate form; this is particularly true of firms established prior to the advent of the modern limited liability company. Therefore, taxation of S corporations resembles that of partnerships. Unlike a C corporation, an S corporation is not eligible for a dividends received deduction. Unlike a C corporation, an S corporation is not subject to the 10 percent of taxable income limitation applicable to charitable contribution deductions. A corporation is "eligible"