Mr.Y owns 40 percent of R Corporation and 20 percent of the Y&T Partnership.Y&T owns 30 percent of R.Under the constructive ownership rules of § 318, Y&T is treated as owning 30 percent of R.

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The Answer of Mr.Y owns 40 percent of R Corporation and 20 percent of the Y&T Partnership.Y&T owns 30 percent of R.Under the constructive ownership rules of § 318, Y&T is treated as owning 30 percent of R.

MrY Owns 40 Percent of R Corporation and 20 Percent