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View All TopicsS Corporation Information
Can a foreign resident be a shareholder in an S Corporation?
In order to be eligible to be a shareholder of an S-Corporation the individual would need to be classified as a âResident Alienâ. A âResident Alienâ has the legal capacity to work and pay taxes in the United States and therefore should possess a Social Security Number (SSN) or a Individual Taxpayer Identification Number (ITIN).
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