A corporation need not worry about the personal holding company penalty, since a deficiency dividend will eliminate all amounts due the government.
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Q2: For purposes of the personal holding company
Q3: Corporations are required to compute and pay
Q4: To be a personal holding company, the
Q5: A corporation whose only source of income
Q6: In calculating accumulated taxable income, both the
Q7: Court decisions have found the reasonable possibility
Q8: If a corporation does not have a
Q9: The dividends-paid deduction for personal holding company
Q10: For personal holding company tax purposes, a
Q11: The IRS generally determines actual working capital
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