Can a trust be a shareholder for an s corporation?

Answer There are specific rules regarding who is allowed to hold S corporation shares. The only three types of trusts that may hold S corporation stock are grantor trusts, qualified subchapter S trusts (Q... Read More »

Top Q&A For: Can a trust be a shareholder for an s corporation

S Corporation Shareholder Limitations?

Subchapter S of the U.S. Internal Revenue Code enables small, closely held corporations to elect to be taxed at the individual shareholder level, rather than at the corporate level. This election c... Read More »

S Corporation Shareholder Rights?

Through S corporations, small companies can disburse profits to shareholders and shareholder-employees and avoid the double taxation that occurs on the profits earned by C corporations. An S corpor... Read More »

Corporation Shareholder Agreement?

A shareholders' agreement is a contract between the shareholders (i.e. owners) of a corporation that establishes each shareholder's obligations, rights, protections, and privileges. Shareholders' a... Read More »

How does a shareholder borrow money from a C corporation?

C corporations are permitted to make loans to company shareholders. But the loans must be bona fide and meet specific requirements to avoid problems with the Internal Revenue Service.Loan AmountsSh... Read More »