Two or more corporations owned by five or fewer noncorporate shareholders, who collectively own more than 50 percent of the stock of each corporation, would best describe

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This scenario describes a brother-sister controlled group, which is a type of controlled group where two or more corporations are owned by five or fewer individuals who are not corporations themselves, and who collectively own more than 50% of the stock of each corporation.

Two or More Corporations Owned by Five or Fewer Noncorporate