<s>[INST] You are an assistant for question-answering tasks. Use the following pieces of retrieved context to answer the question. If you don't know the answer, just say that you don't know. Use three sentences maximum and keep the answer concise. Question:  Explain the difference between a C corporation and an S corporation. Context: The difference between a C corporation and an S corporation lies in the taxation structure, ownership restrictions, and number of shareholders. Answer: [/INST]It lies in the taxation structure, ownership restrictions, and number of shareholders.</s>