Foreign aliens are obligated to form corporations via registered agents in many states.
[5] Corporations are required to issue financial statements in the United States.
Any distribution from the earnings and profits of a C corporation is treated as a dividend for U.S. income tax purposes.
[7] Exceptions apply to treat certain distributions as made in exchange for stock rather than as dividends.
[10] Up through 2017, the Internal Revenue Service (IRS) imposed tax based on the following schedule for "most corporations", except "qualified personal service corporations" and certain other cases:[12]