Question: ( a ) If the shareholders wish to elect S corporation status for Snowshoe s first taxable year, who must consent to the election? What

(a) If the shareholders wish to elect S corporation status for Snowshoes first taxable year, who must consent to the election? What difference would it make if, prior to the election, B sold her stock to her brother, G? What difference would it make if B is a partnership which, prior to the election, sold its stock to H, and individual?

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