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RyanWhittaker

IS A CLOSED CORPORATION TAXED IN THE SAME MANNER AS A PARTNERSHIP?

I'M TRYING TO ANSWER A QUESTION....WEB DESIGN, INC. IS A CLOSED CORPORATION. WEB DESIGN IS A) ELIGIBLE TO MAKE PUBLIC OFFERINGS OF SECURITIES.B) EXEMPT FROM CORPORATE DUTIES SUCH AS FILING A CERTIFICATE OF INCORPORATION.C) GENERALLY ALLOWED TO RESTRICT TRANSFER OF STOCK.D) TAXED IN THE SAME MANNER AS A PARTNERSHIP.
Lee:

stop yelling at me

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