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Examples of Separately Stated Items of an S Corporation Include

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Examples of separately stated items of an S corporation include tax-exempt interest.

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Definitions:

Minority Shareholders

Shareholders who own a smaller portion of a company's shares and typically do not have controlling interests or significant influence on business decisions.

Oppressive Acts

Behaviors or actions by directors or majority shareholders in a corporation that are burdensome, harsh, or wrongful against minority shareholders.

Directors

Members of a company's board of directors, who are elected to oversee and guide the management and policies of the corporation, representing the interests of the shareholders.

Consolidation

The process of combining multiple businesses, assets, or financial statements into one unified entity.

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