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#262387
S corporations 6
Which one of the following statements concerning the eligibility requirements for S corporations is NOT correct?
-An S corporation is permitted to own 75% of the stock of another S corporation
-An S corporaation is permitted to be a partner in a partnership
-An S corporation is permitted to own 100% of the stcok of a C corporation
-A partnership is NOT permitted to be a shareholder of an S corporation
Response discusses the eligibility requirements for S corporation
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