If an S Corporation Shareholder Sells Her Stock to a Nonresident

question 87

True/False

If an S corporation shareholder sells her stock to a nonresident alien, it will automatically terminate the S election.

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Definitions:

Sustainable Agriculture

Farming practices that meet current food needs without compromising the ability of future generations to meet theirs, by preserving the environment and natural resources.

Low-Input Agriculture

Farming practices that require minimal use of inputs such as fertilizers, pesticides, and water, often aiming for sustainability.

Method

A systematic way of doing something, especially one that is repeatable and can be written down as a set of procedures or steps.

Dangerous

Having the potential to cause harm, injury, or damage to organisms, property, or the environment.