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

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An S corporation’s revocation statement 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 2017 Comprehensive

ISBN: 9781305874169

40th Edition

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

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