Question
What if in Example 2, Joe and Joan get divorced. Pursuant to the property settlement approved by the court, the 10 shares are divided between
What if in Example 2, Joe and Joan get divorced. Pursuant to the property settlement approved by the court, the 10 shares are divided between them 5 to each. Will ABC Corporation meet the 100 shareholder limitation for S corporation status?
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
