Glossary • Updated 2026
C-Corporation
Separately taxed entity (21% federal; 8.84% CA; 8.7% DE apportioned): the venture standard.
In detail
Double taxation on dividends is the trade-off for institutional acceptance.
Delaware C-corps dominate VC financings for DGCL precedent and preferred stock mechanics.
Founder equity + 83(b) elections live here.
Where it matters
More definitions
Sources
- Cal. Rev. & Tax Code; 8 Del. C.; Wyo. Stat. Title 17; FTB/SOS glossaries