Once a corporation elects S status, the only way for it to revert back to a C

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Once a corporation elects S status, the only way for it to revert back to a C corporation is to have a majority of its shareholders to revoke the S election.

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Essentials Of Federal Income Taxation For Individuals And Business

ISBN: 9780808038009

15th Edition

Authors: Linda M. Johnson

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Question Posted: Oct 12, 2024 03:02 AM

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Once a corporation elects S status, the only way for it to revert back to a C corporation is to have a majority of its shareholders to revoke the S election.
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Once a corporation elects S status, the only way for it to revert back to a C

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Essentials Of Federal Income Taxation For Individuals And Business

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