I own 50% of the company. Am I the majority owner?

Q: If two people each own 50% of the same company, who is the majority owner? 

A: Neither. They are both minority owners. In order to be the majority owner, the individual would have to own any number greater than 50%.

Explanation:

"An employee who owns more than 50 percent [of a company is a] (majority owner)" from IRS form Notice 2021-49...wages are not taken into account with respect to an individual who bears any of the relationships described in section 152(d)(2)(A)-(H) of the Code to the following...if the taxpayer is a corporation, to an individual who owns, directly or indirectly more than 50 percent in value of the outstanding stock of the corporation (majority owner of a corporation)...if the taxpayer is an entity other than a corporation, to any individual who owns, directly or indirectly, more than 50 percent of the capital and profits interests in the entity (majority owner of a noncorporate entity)..."