Is square one a personal holding company

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Question 1. What is the stock ownership interest of each Square One shareholder before the redemption?

Question 2. Is the proposed stock redemption a sale of stock or dividend?

Question 3. Is Square One a personal holding company?

Question 4. If Square One is a personal holding company, what additional tax would it have to pay?

Question 5. What year-end tax planning action could Square One take to ensure it is not subject to the personal holding company tax?

Reference no: EM132714828

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