DRAFT FOR ATTORNEY REVIEW — NOT FINAL

O'Connor v. Kadrmas (2019)

Citation
O'Connor v. Kadrmas (2019)
Parent Document
O'Connor v. Kadrmas (2019)
Jurisdiction
Massachusetts (state)
Effective Date
2019-10-18
Original Source
https://www.courtlistener.com/opinion/4671128/oconnor-v-kadrmas/ ↗

Other Sections in This Document (406)

Full Text

493 chars 
7 "When a small business corporation elects to be
an S corporation, its earnings or income is not taxed at the
corporate entity level but is passed through and taxed to the
individual shareholders on a pro rata basis, determined by each
shareholder's percentage ownership interest in the corporation;
the pass-through occurs whether or not the income is actually
distributed." J.S. v. C.C., 454 Mass. 652, 660 n.10 (2009).
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