Which of the following is true of an S corporation?
A) The corporation can have no more than 100 shareholders.
B) Only foreign corporations with more than 10 shareholders can be an S corporation.
C) They are taxed at the corporate level.
D) The corporation must be a member of an affiliated group of corporations.
A
Business
You might also like to view...
Which type of persuasive message is designed to help the audience feel good about complying with the request?
A) Customer claims B) Sales messages C) Motivational messages D) Team decision-making messages E) Requests for favors
Business
The creation of regional editions, editorial association, and use of color have increased retailer use of _____
a. direct mail b. telephone directories c. magazines d. outdoor or billboard advertising
Business