sjrcpa
Level 15
03-09-2024
07:05 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes the attribution rules apply to compute the indirect ownership %.
This has nothing to do with who are permitted owners of S Corps, unless you actually have a nonpermitted owner, in which case you are no longer an S Corp..
The more I know the more I don’t know.