If Shareholders Have High Marginal Rates Relative to C Corporation

question 140

Short Answer

If shareholders have high marginal rates relative to C corporation rates,it may be desirable to ________________ S corporation status.

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Definitions:

Formal Rulemaking

A regulatory process that includes a period for public comment and often a public hearing before a final rule is made by a governmental body.

Informal Rulemaking

A regulatory process by government agencies involving less formal procedures than those required for formal rulemaking, often including notices and comment periods.

Admissibility of Evidence

The legal criteria that determine whether evidence is relevant and can be presented in court during a legal proceeding.

Environmental Impact Statements

Documents required by law for certain projects, detailing the potential environmental effects.