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Tanesha is the sole shareholder of Egret Corporation

Tanesha is the sole shareholder of Egret Corporation
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Solution Guide / Answer Key:

ACCOUNTING
TAXATION

Tanesha is the sole shareholder of Egret Corporation. Egret’s sales have doubled in the last four years, and Tanesha has determined that the business needs a new warehouse. Tanesha has asked your advice as to whether she should (1) have the corporation acquire the warehouse or (2) acquire the warehouse herself and rent it to the corporation. What are the relevant tax issues that will you will discuss with Tanesha?

 

FILE: MS WORD

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