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How S-Corporation differs from C-Corporation?

Choosing a right entity structure is part of the initial planning and there are always merits and demerits, but that all depends what are your goals. A comparison between a corporation and S Corporation is described below to understand the characteristics of each entity.

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Alec Stewart wrote on : Tue May 04th,2010 Back to Article

One partner of s-corp wants to retire their shares of privately held stock; the other partner wants to place a value on it to buy back. What are the tax implications?

Reply : infotaxsquare.com

Gain or loss will be determined based on the basis of that specific partner

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