Which of the following is most accurate regarding the formation of a US corporation? O Corporations are formed under the laws of a particular state. Corporations are formed under Federal law only. Corporations are formed without state or Federal action but are formed by contractual arrangement by the shareholders. Corporations are formed under Delaware law only by US Constitutional authority. 00

Q: What are the three characteristics of a liability, and why does a deferred tax liability of a…

A: The liability is classified as current and noncurrent. The liability that is paid within one year…

Q: In order for a corporation and shareholders to qualify for non-taxable treatment upon the formation…

A: An S corp or S organisation is a enterprise shape this is permitted below the tax code to byskip its…

Q: Chapter 11 - Question 3: (a) Contrast the federal income taxation of a corporation with that of a…

A: Income tax expense:   The expenses which are related to the taxable income of the individuals and…

Q: which item must be separately stated on the corporation form 1120s

A: The objective of the question is to identify the items that need to be separately stated on the U.S.…

Q: true or false   A corporation may NOT legally invest in the bonds of another corporation

A: A corporation is a form of business organization that is legally formed and has a group of people…

Q: to residency of corporations, which o

A: With the respect of residency of corporations, We must see Corporation POEM ( place of Effective…

Q: True or False: An S Corporation is never subject to any federal income tax.

A: The company's aim will be to increase the profitability of the company. The profits can be arrived…

Q: Which, if any, of the following can be eligible shareholders of an S corporation?   a.  A Roth…

A: An S Corporation is a special type of corporation which is established for the purpose of federal…

Q: In terms of justification and effect, § 351 (transfers to a controlled corporation) and § 1031…

A: How much profit you make from the sale and whether the asset is regarded as a capital asset will…

Q: In creating a corporation, once the articles of incorporation are filed with the appropriate…

A: Certificate of incorporation is the certificate issued to the company that ensures that the…

Q: why?

A: When a corporation sells Section 1250 property, such as real estate or depreciable property, it may…

Q: Which of the following show why a corporation is the most important form of business? ☐ Corporations…

A: Let's analyze each of the options provided:1. Corporations can vote in general elections: This is…

Q: kau.8

A: The question is asking to identify the term used to describe a corporation that is incorporated in a…

Q: Many corporations incorporate in Delaware because: O Delaware, unlike most other states, even…

A: Delaware has come up with a new face of Tax heaven country, more than 200000 new business has been…

Q: Any corporation not meeting the requirements for an S corporation is automatically a C corporation.

A: C corp operates as a conventional business structure in the United States, subject to corporate…

Q: Which of the following is not a type of US business structure?   Partnership Sole Proprietorship…

A: A structural form of organization that is formed in order to run the business is referred to as a…

Q: Which of the following statements is true? a. S corporations are typically subject to one level of…

A: The correct answer is:b. Partnerships are typically subject to one level of tax at the partner…

Q: Which of the following statements is true about a Subchapter S corporation?   It is taxed like a…

A: There are mainly various types of organization under which an organization can run business. One of…

Q: Which of the following is tax exempt on its income earned as such?   Religious corporation…

A: Second option i.e. Non-stock, non-profit educational institution, is the correct answer.

Q: What are the tax advantages and disadvantages of converting a C Corporation into an LLC?

A: GIVEN   the tax advantages and disadvantages of converting a C Corporation into an LLC

Q: Select the best answer. Which of the following statements is true for an S corporation? OA. Each…

A: S corporations are a popular choice of business entity for small business owners because they…

Q: When may a corporation sell, lease, exchange, mortgage, or pledge all or substantially all of its…

A: ‘’Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Read Section 1361 1. What are the 4 requirements? 2. What Form is used to elect S Corporation?

A: The question is given to explain the 4 requirements of Section 1361.    S-corporation: The…

Q: S corporations.

A: C corporation for tax purposes means Double taxation in which shareholders are taxed seperately from…

Q: Why do you think a single WACC is not applicable to all businesses in a corporation?

A: The W.A.C.C. or weighted average cost of capital determines the required rate of return of common…