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You are a majority shareholder in an engineering corporation. During the prior tax year, you and your shareholders accounted for more than 20% of a
You are a majority shareholder in an engineering corporation. During the prior tax year, you and your shareholders accounted for more than 20% of a corporation's compensation cost attributable to the performance of personal services. Under the personal service corporation rules, those services would be said to be: A. the principal activity. B. substantially performed. C. insubstantial. D. ancillary.
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