The following persons own Schlecht Corporation, a non-U.S.entity. $$\begin{array} { l r }
\text { Jim, U.S. individual } & 35 \% \
\text { Gina, U.S. individual } & 15 \% \
\text { Marina, U.S. individual } & 8 \% \
\text { Pedro, U.S. individual } & 12 \% \
\text { Chee, non-U.S.individual } & 30 \%
\end{array}$$ ? None of the shareholders are related.Subpart F income for the tax year is $300,000.No distributions are made.Which of the following statements is correct?

Question

The following persons own Schlecht Corporation, a non-U.S.entity. $$\begin{array} { l r } 
\text { Jim, U.S. individual } & 35 \% \
\text { Gina, U.S. individual } & 15 \% \
\text { Marina, U.S. individual } & 8 \% \
\text { Pedro, U.S. individual } & 12 \% \
\text { Chee, non-U.S.individual } & 30 \%
\end{array}$$ ? None of the shareholders are related.Subpart F income for the tax year is $300,000.No distributions are made.Which of the following statements is correct?

Quizplus · Accepted Answer

The Answer of The following persons own Schlecht Corporation, a non-U.S.entity. $$\begin{array} { l r } 
\text { Jim, U.S. individual } & 35 \% \
\text { Gina, U.S. individual } & 15 \% \
\text { Marina, U.S. individual } & 8 \% \
\text { Pedro, U.S. individual } & 12 \% \
\text { Chee, non-U.S.individual } & 30 \%
\end{array}$$ ? None of the shareholders are related.Subpart F income for the tax year is $300,000.No distributions are made.Which of the following statements is correct?

The Following Persons Own Schlecht Corporation, a Non-U ? None of the Shareholders Are Related