An S corporations election revocation is effective if it is signed by shareholders owning: a. More than

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An S corporation’s election revocation is effective if it is signed by shareholders owning:

a. More than 50% of S corporation’s voting stock only.

b. 50% or more of S corporation’s voting stock only.

c. More than 50% of S corporation’s voting and nonvoting stock.

d. 50% or more of S corporation’s voting and nonvoting stock.

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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Question Posted: May 24, 2018 12:53 AM

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An S corporations election revocation is effective if it is signed by shareholders owning: a. More than

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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

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