Exam term
Proportionate share
Under § 216(b)(3), a tenant-stockholder's stock compared with total outstanding stock, including stock held by the corporation; 120 of 6,000 shares is 2%. An elected special allocation can apply in qualifying cases.
Exam term
Under § 216(b)(3), a tenant-stockholder's stock compared with total outstanding stock, including stock held by the corporation; 120 of 6,000 shares is 2%. An elected special allocation can apply in qualifying cases.