Tiger Corporation, a privately held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding.The shares are owned as follows:
$\begin{array}{llcc}
\text { Mark Bird } &300 \
\text { Connie Bird (Mark's wife) } &250\
\text {Borruie Bird (Mark's daughter) } &200\
\text { Billy Bird (Mark's brother)} &\underline{250}\
\text { Total } &\underline{1,000}\
\end{array}$
How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Question

Tiger Corporation, a privately held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding.The shares are owned as follows:
 $\begin{array}{llcc}
  \text { Mark Bird } &300  \
 \text { Connie Bird (Mark's wife) } &250\
 \text {Borruie Bird (Mark's daughter)  } &200\
 \text {  Billy Bird (Mark's brother)} &\underline{250}\
 \text { Total } &\underline{1,000}\
\end{array}$
 How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Quizplus · Accepted Answer

The Answer of Tiger Corporation, a privately held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding.The shares are owned as follows:
 $\begin{array}{llcc}
  \text { Mark Bird } &300  \
 \text { Connie Bird (Mark's wife) } &250\
 \text {Borruie Bird (Mark's daughter)  } &200\
 \text {  Billy Bird (Mark's brother)} &\underline{250}\
 \text { Total } &\underline{1,000}\
\end{array}$
 How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Tiger Corporation, a Privately Held Company, Has One Class of Voting