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Is the fact that S Corps can only have 100 owners the reason that publicly traded companies are C Corporations?

Or is there other reasons for that?

In this audio snippet, you'll hear about:

• That, and benefits of tax loopholes and such

Travis: Right. So is that the reason that the publicly traded corporations are always C Corporations, or is there another reason for that?

Jake: That is the definitely the major reason why publicly traded corporations are C Corporations. But then there's also a lot of benefits in terms of tax loopholes and ways that you can structure things as well.

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