Stock of an S corporation may be owned by all of the following except

Name: Stock of an S corporation may be owned by all of the following except
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Question

Quizplus · Accepted Answer

S corporations have specific restrictions on their ownership. One key restriction is that all shareholders must be individuals (or certain trusts and estates) and cannot be partnerships or corporations. Therefore, a domestic partnership cannot own stock in an S corporation.

Stock of an S Corporation May Be Owned by All