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After the conversion from a C Corporation to an S Corporation, to whom will the tax on built-in gains apply? A. To the S corporation
After the conversion from a C Corporation to an S Corporation, to whom will the tax on built-in gains apply?
A. | To the S corporation for the rest of the corporation's existence | ||
B. | To the C corporation that converts to S status | ||
C. | To the S corporation and shareholders when built-in gains are realized | ||
D. | To the S corporation only and not to the shareholder |
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