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Title: Wheelz Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the ... Post by: pasker on Feb 16, 2017 Wheelz Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the owners as ordinary income but not to the corporation as a unit. The owners have mutually agreed that their total number will never exceed 35 and that none of the shareholders can be a non-resident alien. In this scenario, Wheelz is an example of a(n) ________ corporation.
A) professional B) Subchapter S C) eleemosynary D) Subchapter C Title: Re: Wheelz Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the ... Post by: greenish on Feb 16, 2017 Content hidden
Title: Re: Wheelz Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the ... Post by: pasker on Apr 9, 2017 Thanks for the help
Title: Re: Wheelz Enterprises, a car manufacturer, is a closely held corporation. Profits are taxed to the ... Post by: chrismac00 on Oct 29, 2021 thank you
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