An S corporation may be subject to both the tax on built-in gains and the tax on
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An S corporation may be subject to both the tax on built-in gains and the tax on excess passive income. Which tax is imposed first, and what effect does the imposition have on the other tax?
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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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