LO.6, 11 Collettes S corporation has a small amount of accumulated earnings and profits (AEP), requiring the
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LO.6, 11 Collette’s S corporation has a small amount of accumulated earnings and profits (AEP), requiring the use of the more complex distribution rules. Collette’s accountant tells her that this AEP forces the maintenance of the AAA figure each year.
Identify relevant tax issues facing Collette.
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Related Book For 
South Western Federal Taxation 2013 Corporations Partnerships Estates And Trusts
ISBN: 9781133495574
36th Edition
Authors: William H. Hoffman, William A. Raabe, James E. Smith, David M. Maloney
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