The United States' economy has benefited greatly by providing an atmosphere where small businesses can grow in a free marketplace. The S-Corporation and its tax advantages have played a pivotal role in our strong economy. In order to ensure continued success as a part of the economy, the S-Corporation element prohibiting foreign shareholders needs to be adjusted.
Has the S-Corp Run Its Course? The Past Successes and Future Possibilities of the S Corporation,
Available at: https://scholarship.law.nd.edu/jleg/vol42/iss1/3