Canary Corporation, a calendar year S corporation, issues some of its stock to a nonresident alien on March 4, 2017. Canary becomes a C corporation as of March 5, 2017.

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The Answer of Canary Corporation, a calendar year S corporation, issues some of its stock to a nonresident alien on March 4, 2017. Canary becomes a C corporation as of March 5, 2017.

Canary Corporation, a Calendar Year S Corporation, Issues Some of Its