Which of the following accurately describes a requirement for a business to qualify as a qualified small
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Question:
Which of the following accurately describes a requirement for a business to qualify as a qualified small business corporation
a . The corporation must be a CCPC that uses at least the shares are sold . of the fair market value assets for active business purposes in Canada the time
b . More than fifty percent of the fair market value of the assets of the business must have been used for actve business in the past months .c The shares must not have been owned by another non - related individual in the past 24 months .
d . The corporation must hire less than 5 full - time employees .
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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