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Small business corporations qualify for certain tax benefits such as a lower tax rate. Which of the following is not a requirement to qualify as

Small business corporations qualify for certain tax benefits such as a lower tax rate. Which of the following is not a requirement to qualify as a small business corporation? a. The gross income for the year of assessment does not exceed an amount equal to R20 million. b. All the shareholders are natural persons. c. None of the shareholders or members, during the year of assessment, hold any shares or have any interest in the equity of

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