Req Quickies - 1 Flashcards
1
Q
The stock ownership test for PHCs requires that
A
More than 50% of the outstanding stock must be owned directly or indirectly by 5 or fewer individuals.
CPA - REG > Req Quickies - 1 > Flashcards
The stock ownership test for PHCs requires that
More than 50% of the outstanding stock must be owned directly or indirectly by 5 or fewer individuals.