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Brother-sister control group


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Posted

Three siblings (brother, sister1 & sister2) each own 33.33% of corp A, brother also owns 100% of corp B. Because attribution does not apply to siblings, I read the brother-sister control group rules to say that A & B are not in the same control group (brother does not have effective control). Any thoughts?

Posted

All siblings are over the age of 21.

Posted

What about if there are stock options? (I hate control group/AFSG questions!)

I know your question didn't ask this, but I got tripped up on this a long time ago. There are so many absurd possibilities that I've gotten completely gun-shy on these issues...

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