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Online te.. Connect New tab Calculator Problem 6 43 (10. 1) Silver Corporation has 2,000 shares of common stock outstanding. Howard owns 600 shares, Howard's
Online te.. Connect New tab Calculator Problem 6 43 (10. 1) Silver Corporation has 2,000 shares of common stock outstanding. Howard owns 600 shares, Howard's or andfather owns 300 shares Howard's mother owns 300 shares, and Howard's son owns 100 shares. In addition, Maroon Corperation owns 500 shares. Howard owns 70% of the stock in Maroon Corporation. a. Applying the 318 stock attribution rules, Howard constructively owns: shares in Silver Corporation. b. If Howard owned 40% of the stock of Maroon Corporation, then he would construtive, own Corporation. shares in Silver the same tacts as in (a) above, but in addition, Howard owns a 25% interestin reikw partnership,elow own ao hares in Silver Corporation.
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