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Illustrate what are tax aspects to consider

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Reference no: EM13128920

Red Lion, is an S corporation with a sizable amount of AEP from a C corporation year. The S corporation has $400000 of investment income and $400000 of investment expense in 2011. The company makes cash distributions to enable its sole shareholder to pay her taxes. What are tax aspects to consider?

Reference no: EM13128920

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