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In which, if any, of the following situations may the individual not be claimed as a dependent of the taxpayer?
Corporation Formation
The legal process of creating a corporation, which involves filing necessary documents with a governmental entity, adhering to laws, and meeting statutory requirements.
By-laws
Internal rules governing the operation and management of an organization or corporation, typically adopted by its board or membership.
Corporate Charter
A corporate charter is a legal document issued by a government entity that establishes a corporation's existence and outlines its rights and obligations.
Transferability of Ownership
The capability to legally transfer one's ownership stake in an asset or a company to another party.
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