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S corp. limitation on foreign shareholder- planning tip?

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    #1

    S corp. limitation on foreign shareholder- planning tip?

    S corp. has limitation on foreign shareholder.
    LLC has self-employment tax issue and gross receipts fee in California. A C corp. client is trying to convert an existing business to tax saving entity.

    Does anyone have a planning tip to involve the foreign person probably using LLC or another entity?
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