A, B and V Corporations each have only one class of stock outstanding. The ownership of the
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A, B and V Corporations each have only one class of stock outstanding. The ownership of the stock is as follows:
Are any of the corporations part of a brothersiser controlled group for Code Sec. 1561 purposes?
Transcribed Image Text:
Shareholders James Jennifer Kimberly Susan Tom Corporation Corporations J A V 15% 20% 15% 15% 20% 20% 15% 25% 15% 15% 10% 20% 40% 25% 30% 100% 100% 100% Identical Ownership 15% 15% 15% 10% N/A 55%
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Answer In order to determine whether the corporations are part of a brothersister controlled group f...View the full answer
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Related Book For
CCH Federal Taxation 2019 Comprehensive Topics
ISBN: 9780808049081
2019 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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