Start with the epicenter: Completed in 1983, the glass-enclosed Trump Tower was designed before New York became a prime target for terrorist threats. Itâs a sturdy building, but it wasnât constructed with security in mind. President Donald Trump and his family are regularly spending time at Trump Tower in New York.
DEFINITION of 'Personal-Service Corporation'. A corporation that is created for the purpose of providing personal services to individuals or groups.To be considered a personal-service corporation by the IRS, the employee-owners must perform at least 20% of the personal services themselves.o be considered a personal-service corporation by the IRS, the employee-owners must perform at least 20% of the personal services themselves.
Bluntly, a designation by the Canada Revenue Agency (CRA) that you don't want, because a personal services corporation (a.k.a. personal services business) is not allowed to claim any of the standard business expenses, including the Small Business Deduction.Technically, a personal services corporation is:) that the person performing the services (you) or any person related to you, is a specified shareholder of the corporation (a person who owns at least 10% of the issued shares of any class of capital stock in the corporation or a related corporation, directly or indirectly, at any time of the year);