Treatment as shareholder. (i) The income beneficiary who makes the QSST election and is treated (for pur- poses of section 678(a)) as the owner of that portion of the trust that consists of S corporation stock is treated as the shareholder for purposes of sections 1361(b)(1), 1366, 1367, and 1368.
Appears in 7 contracts
Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov
