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:
How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?
$$\begin{array} { | l | r | }
\hline \text { Mark Bird } & 300 \
\hline \text { Connie Bird (Mark's wite) } & 250 \
\hline \text { Bonnie Bird Mark's daughter) } & 200 \
\hline \text { Billy Bird (Mark's brother) } & 250 \
\hline \text { Total } & 1,000 \
\hline
\end{array}$$

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:
How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?
 $$\begin{array} { | l | r | } 
\hline \text { Mark Bird } & 300 \
\hline \text { Connie Bird (Mark's wite) } & 250 \
\hline \text { Bonnie Bird Mark's daughter) } & 200 \
\hline \text { Billy Bird (Mark's brother) } & 250 \
\hline \text { Total } & 1,000 \
\hline
\end{array}$$

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:
How many shares of stock is Mark deemed to own under the family attribution rules in a stock redemption?
 $$\begin{array} { | l | r | } 
\hline \text { Mark Bird } & 300 \
\hline \text { Connie Bird (Mark's wite) } & 250 \
\hline \text { Bonnie Bird Mark's daughter) } & 200 \
\hline \text { Billy Bird (Mark's brother) } & 250 \
\hline \text { Total } & 1,000 \
\hline
\end{array}$$

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