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.
So, by using a contractorâs limited company in a contract for services, clients are effectively highlighting that they do not have and do not wish to have an employer-employee relationship with the contractors.Many clients also choose to use agencies as yet another buffer between them and the contractor.his is where things get tricky. Because there is no clear definition in law of what actually constitutes a personal service company, HMRC often use this lack of clarity to their advantage when investigating the tax affairs of contractors.