Maury Corporation has 200 shares of stock outstanding as follows:
$\begin{array}{ll}
\text { Name }&\text { Share }\
\text { Amy (an individual) } & 30 \
\text { APB Partnership (Amy is a 20\% partner) } & 25 \
\text { ABC Partnership (Amy is a 70\% partner) } & 50 \
\text { Silver Corporation (Amy is a 30\% shareholder) } & 50 \
\text { Gold Corporation (Amy is a } 60 \% \text { shareholder) } & \underline{45} \
\end{array}$ How many shares is Amy deemed to own under the Sec. 318 attribution rules?

Question

Maury Corporation has 200 shares of stock outstanding as follows:
 $\begin{array}{ll}
\text { Name }&\text { Share }\
\text { Amy (an individual) } & 30 \
\text { APB Partnership (Amy is a 20\% partner) } & 25 \
\text { ABC Partnership (Amy is a 70\% partner) } & 50 \
\text { Silver Corporation (Amy is a 30\% shareholder) } & 50 \
\text { Gold Corporation (Amy is a } 60 \% \text { shareholder) } & \underline{45} \
\end{array}$ How many shares is Amy deemed to own under the Sec. 318 attribution rules?

Quizplus · Accepted Answer

The Answer of Maury Corporation has 200 shares of stock outstanding as follows:
 $\begin{array}{ll}
\text { Name }&\text { Share }\
\text { Amy (an individual) } & 30 \
\text { APB Partnership (Amy is a 20\% partner) } & 25 \
\text { ABC Partnership (Amy is a 70\% partner) } & 50 \
\text { Silver Corporation (Amy is a 30\% shareholder) } & 50 \
\text { Gold Corporation (Amy is a } 60 \% \text { shareholder) } & \underline{45} \
\end{array}$ How many shares is Amy deemed to own under the Sec. 318 attribution rules?

Maury Corporation Has 200 Shares of Stock Outstanding as Follows