If an S Corporation Shareholder Sells Her Stock to a Nonresident

question 87

True/False

If an S corporation shareholder sells her stock to a nonresident alien, it will automatically terminate the S election.

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Definitions:

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make contributions to their community.

Professional Counselor

A licensed individual trained to provide psychological therapy and advice to individuals or groups.

Gender Roles

Culturally and socially defined prescriptions and beliefs about the behavior and emotions of men and women.

Accepted

Recognized or approved as valid, correct, or satisfactory by a relevant authority or group.