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.
The first meaning is the one in FAR Â§ 2.101, which defines personal services contract as follows: 'Personal services contract' means a contract that, by its express terms or as administered, makes the contractor personnel appear to be, in effect, Government employees (see 37.104). The second meaning is a common law usage, unrelated to and long pre-dating FAR, referring to contracts in which the buyer hires a particular person or firm because of unique qualifications.