1. List and discuss the other forms of organizational structures that a business might take on outside of an S Corp and what the major differences are between these forms.
2. What types of shareholder limitations exist in each of the other forms of business structure that might be elected?
3. Explain the main themes within the comparison chart of the seven forms of organizational structure.
4. Explain what subsidiaries are and the different tax treatment impacts of their use.
5. What are some of the reasons for establishing a qualified subsidiary?
6. What are some of the steps in terminating a Qsub election and what are some of the consequences of doing this action?
7. Explain the use and rules that apply to C Corporation subsidiaries.
8. Discuss some of the tax planning concerns for Q subsidiaries.
You may use one or a combination of the following when completing this exercise:
1. Online research
2. Real-life experiences
3. Interview or professional experts
4. Textbook materials
Write a 1-2 page paper that compares S Corporations to the other forms of business that onemight elect in the event that an S Corporation is not the best fit. Students should do a compare and contrast with each other form here to the S Corporation. Students should also include a general overview of why subsidiaries might be leveraged in a business environment and their comparison and impact to S Corporations.