Brightbox,Inc.,would like to change its corporate status to that of an S corporation. To qualify,Brightbox must

Name: Brightbox,Inc.,would like to change its corporate status to that of an S corporation. To qualify,Brightbox must
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To qualify as an S corporation, the corporation must be a domestic corporation. Having more than one hundred shareholders or being a benefit corporation are not requirements for S corporation status.