Date: May 18, 2026
Thomson Reuters Corporate Taxation
Per IRC Section 1361(b)(1)(D), an S corporation cannot have more than one class of stock. Larry Brant's article, "Another Look at the Single Class of Stock Requirement Under Subchapter S," published in Corporate Taxation, explains why the single-class-of-stock rules are far more intricate than they appear on the surface.
At first blush, the rules seem clear and simple to apply, but the landscape is fraught with traps. Larry shares his insights to help S corporations and tax practitioners effectively navigate this complex area.
The article is available via Thomson Reuters Checkpoint in Corporate Taxation (May/June 2026). Subscription is required.
