Question: ANSWER Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35404-INTERNATIONAL TAXATION - III e E JAIN 221VMCRO0177 JGi BALWINDER SINGH DANG SEMED TO BE UNIVERSITY

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ANSWER Dashboard X + X - C O B
Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35404-INTERNATIONAL TAXATION - III e E JAIN 221VMCRO0177 JGi BALWINDER SINGH DANG SEMED TO BE UNIVERSITY Subject : 21VMC35404-INTERNATIONAL TAXATION - III Exam Start Time : 15/11/2024 10:21 AM Duration : 200 Minutes Show Palette 36. Starlight Inc, a S Corp sells it's stock investments during the year, creating a $10,000 capital gain. If Shareholder B owns 30% of Starlight, how is this gain reported? COMPLETE O A. Entirely at the corporate level and corporation will pay tax on it. O B. Shareholder B reports a $3,000 capital gain on their tax return. O C. Not separately stated and combined with ordinary income. O D. Ignored for tax purposes as it is a capital gain. 2024 @ JGIAnveshana. Design & Develop by JGIAnveshana Type here to search 10:57 ^ 9 () ENG 15-11-2024 FA

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