Question
Vassy, Inc., a calendar-year C corporation, filed a proper S corporation election on February 15, 20X4. Then it filed a revocation on March 15, 20X4.
Vassy, Inc., a calendar-year C corporation, filed a proper S corporation election on February 15, 20X4. Then it filed a revocation on March 15, 20X4. As a result, which of the following statements is true regarding Vassy, Inc.?
| A. | It will be an S corporation for 20X4 only. | ||
| B. | It will be an S corporation for one month during 20X4. | ||
| C. | It will be an S corporation from January 1, 20X4, through February 15, 20X4. | ||
| D. | It will not be an S corporation for 20X4. |
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The Doctrine Of Equivalents Or An Explanation Of The Nature Value And Power Of Money
Authors: George Craufurd
1st Edition
054833952X, 9780548339527
