An S Corporation Must Own ____________________% of a Subsidiary's Stock

question 58

Short Answer

An S corporation must own ____________________% of a subsidiary's stock in order to elect to treat the subsidiary as a QSSS.

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Definitions:

Managing Suppliers

The process of overseeing and coordinating activities with suppliers to ensure the quality, delivery, and cost of goods and services meet an organization's requirements.

Regulations Compliance

entails adhering to laws, policies, and regulations that govern how a business operates, ensuring it meets legal and ethical standards.

Measuring Performance

The process of evaluating the efficiency, effectiveness, and quality of work done by an organization, program, or employee.

Supply Function

The role or operation focused on managing and overseeing the procurement and provision of goods and services.