Using the Legend Provided, Classify Each Statement Accordingly

question 75

Multiple Choice

Using the legend provided, classify each statement accordingly.
-Cannot have a partnership as a shareholder.

• A)Applies only to the income taxation of C corporations.
• B)Applies only to the income taxation of S corporations.
• C)Applies to both the income taxation of C corporations and S corporations.
• D)Applies to neither the income taxation of C corporations nor of S corporations.

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