Which of the following are requirements to be an S corporation? a. Limited to a maximum of
Question:
Which of the following are requirements to be an S corporation?
a. Limited to a maximum of 100 shareholders.
b. Has no resident alien shareholders.
c. Has only one class of stock.
d. May have no straight debt.
e. Cannot have any earnings and profits (E & P).
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To be an S corporation a company must meet the following requirements L...View the full answer
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Related Book For 
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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