The Maximum Number of Shareholders That Are Allowed in a Subchapter

question 35

Multiple Choice

The maximum number of shareholders that are allowed in a Subchapter S corporation is:

• A)50.
• B)75.
• C)100.
• D)500.

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Definitions:

Tax Revenues

The proceeds that governments secure by enacting taxes.

Tax

A financial charge or levy imposed by a government on individuals or entities, primarily used to fund public expenditures.

Deadweight Loss

Economic inefficiency created by a divergence from the optimal market equilibrium, often caused by taxes, subsidies, or other market interventions.

Beer

An alcoholic beverage made from the fermentation of cereal grains, primarily barley, with hop additions for flavor.