A calendar year corporation properly files a Subchapter S election on January 10, 2017. On what date

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A calendar year corporation properly files a Subchapter S election on January 10, 2017. On what date is the election effective? What if the election were filed on June 1, 2017?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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