Maury Corporation has 200 shares of stock outstanding as follows:
Name Shares
Amy (an individual) 30
APB Partnership (Amy is a 20% partner) 25
ABC Partnership (Amy is a 70% partner) 50
Silver Corporation (Amy is a 30% shareholder) 50
Gold Corporation (Amy is a 60% shareholder) 45
Total 200
How many shares is Amy deemed to own under the Sec. 318 attribution rules?

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The Answer of Maury Corporation has 200 shares of stock outstanding as follows:
Name Shares
Amy (an individual) 30
APB Partnership (Amy is a 20% partner) 25
ABC Partnership (Amy is a 70% partner) 50
Silver Corporation (Amy is a 30% shareholder) 50
Gold Corporation (Amy is a 60% shareholder) 45
Total 200
How many shares is Amy deemed to own under the Sec. 318 attribution rules?

Maury Corporation Has 200 Shares of Stock Outstanding as Follows