An enterprise may not be a Subchapter S corporation if it owns more than of the stock _______ of a subsidiary corporation.

Question

Quizplus · Accepted Answer

A) Subchapter S corporations may not own more than 80 percent of the stock of a
subsidiary corporation.
B) Subchapter S corporations may not own more than 80 percent of the stock of a subsidiary corporation.
C) Subchapter S corporations may not own more than 80 percent of the stock of a subsidiary corporation.
D) Subchapter S corporations may not own more than 80 percent of the stock of a subsidiary corporation.

An Enterprise May Not Be a Subchapter S Corporation If