Beltway Company is owned equally by George, his brother Thomas, and a partnership owned 50 percent by George and his father, Abe. Each of the three shareholders holds 190 shares in the company. Under the §318 stock attribution rules, how many shares of Beltway stock is George deemed to own?

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The Answer of Beltway Company is owned equally by George, his brother Thomas, and a partnership owned 50 percent by George and his father, Abe. Each of the three shareholders holds 190 shares in the company. Under the §318 stock attribution rules, how many shares of Beltway stock is George deemed to own?

Beltway Company Is Owned Equally by George, His Brother Thomas