Category Archives: Corporations and Shareholders

New S Corporation Case And The Check-The-Box Regulations

September 19, 2020

by Monte A. Jackel

This case came out today.  1. It deals with whether a controlling person of a Kentucky not for profit corporation was an S corporation shareholder.  2. I do not disagree with the holding of the court, which seems very apparent; beneficial ownership, a proprietary interest, is necessary to be a shareholder. 3. However, the mode […]