McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

تمرين 51

On June 1, year 1, Jasper Corporation's S election was involuntarily terminated.What is the earliest Jasper may be taxed as an S corporation again? Are there any exceptions to the general rule? Explain.