Are Woods and Tiger members of a brother-sister controlled group? Why or why not?
Woods and Tiger Corporations have only one class of stock outstanding, owned by the following individuals:
Five or fewer individuals own at least 80% (they own 100%) of each corporation's stock. However, those same individuals own only 45% of each corporation's stock, taking into account only their common ownership. The common ownership is 25% for John and 20% for Sarah for a total of 45%. Because the more-than-50% test is not met, Woods and Tiger are not members of a brother-sister controlled group.
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