Which of the following is not required for a corporation to be eligible to make an S
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Question:
a. The corporation must be a domestic corporation.
b. The corporation must have both common and preferred stock.
c. The corporation must have 100 or fewer shareholders.
d. All shareholders must be either individuals, estates, certain trusts, or financial institutions.
e. The shareholders of the corporation must not be nonresident aliens.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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