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trancy trancy
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4 years ago
Which of the following are unique for an S corporation?

▸ There is a maximum limit on the number of shareholders for an S corporation.

▸ The firm's profits and losses are not taxed at the corporate level, but shareholders must include these profits and losses on their individual tax returns.

▸ The shareholders of an S corporation must include the firm's profit and losses in their individual income taxes even if no money is distributed to them.

▸ all of the above
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Mtoney9Mtoney9
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4 years ago
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trancy Author
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4 years ago
You make an excellent tutor!
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