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Under the check-the-box regulations a corporation incorporated under the law of any state can

a. elect to be taxed as a partnership.

b. elect to be taxed as a limited liability company.   

c.  elect to be taxed as a sole proprietor if there is only one shareholder.

d. not be taxed as anything other than a corporation.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91962449

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