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Each of A and B is classified as a corporation for federal income tax purposes. A and B are 50/50 owners of C, a limited
Each of A and B is classified as a corporation for federal income tax purposes. A and B are 50/50 owners of C, a limited liability company that has not elected to be classified as a corporation. How is C classified for federal income tax purposes?
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C is classified as a partnership for federal income tax purposes Heres the breakdown A and B are C C...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
