EB Corporation has 1 0 0 0 shares of stock outstanding. George owns 3 0 0 shares,
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Question:
EB Corporation has shares of stock outstanding. George owns shares, Georges father owns shares, Georges daughter owns shares, and Georges aunt owns shares. Nancy Corporation owns the other shares in EB Corporation. George owns of the stock in Nancy Corporation. Applying the stock attribution rules, how
many shares does George own in EB Corporation?
Related Book For
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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