Publicly traded corporations normally would not be subject to the passive loss rules.

Name: Publicly traded corporations normally would not be subject to the passive loss rules.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

This is true, as the passive loss rules only apply to individuals, estates, trusts, and closely held corporations. Publicly traded corporations are not considered closely held and are therefore exempt from the passive loss rules.

Publicly Traded Corporations Normally Would Not Be Subject to the Passive