Tiger Corporation, a privately-held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding. The shares are owned as follows: $$\begin{array} { l r }
\text { Mark Bird } & 300 \
\text { Connie Bird (Mark's wife) } & 250 \
\text { Bonnie Bird (Mark's daughter) } & 200 \
\text { Billy Bird (Mark's brother) } & \underline{250} \
\text { Total } & 1,000
\end{array}$$ How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Question

Tiger Corporation, a privately-held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding. The shares are owned as follows: $$\begin{array} { l r } 
\text { Mark Bird } & 300 \
\text { Connie Bird (Mark's wife) } & 250 \
\text { Bonnie Bird (Mark's daughter) } & 200 \
\text { Billy Bird (Mark's brother) } & \underline{250} \
\text { Total } & 1,000
\end{array}$$ How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Quizplus · Accepted Answer

The Answer of Tiger Corporation, a privately-held company, has one class of voting common stock, of which 1,000 shares are issued and outstanding. The shares are owned as follows: $$\begin{array} { l r } 
\text { Mark Bird } & 300 \
\text { Connie Bird (Mark's wife) } & 250 \
\text { Bonnie Bird (Mark's daughter) } & 200 \
\text { Billy Bird (Mark's brother) } & \underline{250} \
\text { Total } & 1,000
\end{array}$$ How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?

Tiger Corporation, a Privately-Held Company, Has One Class of Voting