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    Federal Taxation
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    Exam 33: Partnerships and S Corporations
  5. Question
    An S Corporation Can Have Both Voting and Nonvoting Common
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An S Corporation Can Have Both Voting and Nonvoting Common

Question 103

Question 103

True/False

An S corporation can have both voting and nonvoting common stock as long as the shares of stock have identical rights to share in the profits and assets of the corporation.

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