C238 Taxation II Flashcards

Decks in this Class (6):

• Topic 3 C Corp Practice Quiz

  Topic 3 C Corp Practice Quiz

  Sample Cards:

  a distribution from a corporation to a s,

  this year the shareholders in lucky corp,

  stock distributions are always tax free
  32 Cards
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• Topic 5 Partnerships

  Topic 5 Partnerships

  Sample Cards:

  the term outside basis refers to the par,

  partners must generally treat the value,

  tax elections are rarely made at the par
  25 Cards
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• Topic 6 Partnership 2

  Topic 6 Partnership 2

  Sample Cards:

  federico is a 30 partner in the frm part,

  hot assets include assets except cash ca,

  if the partnership has hot assets at the
  16 Cards
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• Topic 4 S Corp

  Topic 4 S Corp

  Sample Cards:

  s corporations may have no more than 50,

  differences in voting powers are permiss,

  bobby t 95 owner would like to elect s c
  33 Cards
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• Topic 2 C Corp

  Topic 2 C Corp

  Sample Cards:

  all taxpayers must account for taxable i,

  a fiscal tax year can end on the last da,

  a business generally adopts a fiscal or
  21 Cards
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• Pre Assessment

  Pre-assessment

  Sample Cards:

  what is one of the tax disadvantages of,

  which example shows a disadvantage of op,

  which example demonstrates a disadvantag
  45 Cards
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