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Trust X owns 200 shares of Y Corp. Xs beneficiaries, A, B and C (all unrelated to each other), own 40%, 35% and 25% interest
- Trust X owns 200 shares of Y Corp. Xs beneficiaries, A, B and C (all unrelated to each other), own 40%, 35% and 25% interest respectively in Trust X. How many shares of Y Corp. are A, B and C deemed to own? Alternatively, if A and B each held 25% interest in Trust X and were married to each other, how many shares of Y corp. would they be deemed to own?
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Wiley CPAexcel Exam Review 2016 Study Guide January Auditing And Attestation
Authors: O. Ray Whittington
1st Edition
1119119960, 978-1119119968
