A corporation has 10 shareholders. Nine of the shareholders own 9 percent each of the stock.The tenth
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A corporation has 10 shareholders. Nine of the shareholders own 9 percent each of the stock.The tenth shareholder owns the remaining stock. Does the corporation meet the shareholder test as a personal holding company? Explain.
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Related Book For 
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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