professional corporations

professional corporations
Entities sometimes used by doctors, lawyers, and other professionals. These entities can provide favorable tax treatment and administrative advantages and can therefore be advantageous to the professionals who use them. In most respects, other than taxes, they are indistinguishable from all other corporations. American Banker Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Professional corporation — Professional corporations (abbreviated as PC or P.C.) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, and… …   Wikipedia

  • Professional certification — Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure qualification to perform a job or task. Many certifications are used… …   Wikipedia

  • professional corporation — see corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. professional corporation …   Law dictionary

  • Professional services — are infrequent, technical, or unique functions performed by independent contractors or consultants whose occupation is the rendering of such services. Examples of professional services contracts include: accountants, actuaries, appraisers,… …   Wikipedia

  • Professional Technologist — (P.Tech) is a Canadian professional title awarded on the basis of academic qualifications and work experience. Professional Technologists are synonymous with engineers and must be registered or licensed to work in engineering and technology… …   Wikipedia

  • Professional sports league organization — Professional sports leagues are organized in numerous ways. The most common are those in the North American mode and those in the European mode. Generally, the North American structure is characterized by its use of franchises and closed… …   Wikipedia

  • Professional Regulatory Board of Architecture — The Professional Regulatory Board of Architecture (PRBoA), fully reconstituted as of 30 March 2007 in full compliance with Republic Act No. 9266 (The Architecture Act of 2004), is one of 43 Professional Regulatory Boards (PRBs) under the… …   Wikipedia

  • professional — 01. Her uncle was a [professional] hockey player who became a coach after retiring from the league. 02. Dwayne was too short to play basketball [professionally], so he went into coaching instead. 03. Tiger Woods is certainly the most famous [pro] …   Grammatical examples in English

  • professional indemnity insurance — PII A form of third party insurance that covers a professional person, such as an accountant or auditor, against paying compensation in the event of being sued for negligence. This can include giving defective advice if the person professes to be …   Accounting dictionary

  • professional politician — noun A person whose sole employment is political in nature; usually elected to office and payed a salary, but may collect donations from individuals, organizations and corporations …   Wiktionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”