My client has 20% ownership of an S Corporation, although she is not on the board. Relative to the size of the company, it has built a very sizable Retained Earnings through reduced dividends. The company would now like to buy land my client owns. What are the implications of this to my client and the company? To some extent, the company is buying her land with 20% of her money.
USA Company buying shareholder land
- Thread starter MMaxwell
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