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(2) A new S corporation shareholder can revoke the S election unilaterally, if he/she owns...

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Accounting

(2) A new S corporation shareholder can revoke the S election unilaterally, if he/she owns how much of the existing S corporations stock? a. More than 50%. b. 50% or more. c. The election can be revoked only if all of the shareholders consent. d. The election cannot be revoked during the first year of any new shareholders ownership.

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