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Red Lion, is an S corporation with a sizable amount of AEP from a C corporation year. The S corporation has $400000 of investment income
Red Lion, is an S corporation with a sizable amount of AEP from a C corporation year. The S corporation has $400000 of investment income and $400000 of investment expense in 2011. The company makes cash distributions to enable its sole shareholder to pay her taxes. What are tax aspects to consider
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Financial & Managerial Accounting
Authors: Carl Warren
12th Edition
1285534646, 978-1133952428
