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Business, 02.01.2020 19:31 cheyennerondeau
Village corp., a calendar year corporation, began business in year 1. village made a valid s corporation election on december 5, year 4, with the unanimous consent of its shareholders. the eligibility requirements for s status continued to be met throughout year 5. on what date did village's s status become effective?
a. january 1, year 4
b. january 1, year 5
c. december 5, year 4
d. december 5, year 5
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