While the S corporation is not taxed separately, a Form 1120S is the S corp filing form used to report to the IRS on what profits and losses occurred in the business. S corporations are required to file annual reports with the states they operate in, and pay franchise taxes to maintain good standing.
For other uses, see Brix (disambiguation). Degrees Brix (symbol Â°Bx) is the sugar content of an aqueous solution. One degree Brix is 1 gram of sucrose in 100 grams of solution and represents the strength of the solution as percentage by mass. If the solution contains dissolved solids other than pure sucrose, then the Â°Bx only approximates the dissolved solid content. The Â°Bx is traditionally used in the wine, sugar, carbonated beverage, fruit juice, and honey industries.
Specific Gravity - Sugar Conversions. Brix (Â°Bx) is a graduated scale, used on a hydrometer, which indicates the weight of sugar per volume of solution at a given temperature. Baume (BÃ©Â°) is a hydrometer scale used to measure the specific gravity of liquids. Itâs convenient because it gives winemakers an estimate of finished alcohol levels. Both Baume (BÃ©Â°) and Brix (Â°Bx) scales give us a measure of soluble solids in grape juice.