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REVOCATION OF ELECTION UNDER INTERNAL REVENUE CODE SECTION 1362

 

Notice is hereby given, pursuant to Section 1362 of the Internal Revenue Code, that

__________________________, a _______________ corporation with offices at

__________________, hereby revokes its S corporation election, filed with you on

__________________, 19_____. The first taxable year for which this revocation is intended to be

effective is the taxable year commencing ___________________, 19____.

 

Dated ___________________________, 19____.

_____________________________

 

BY:__________________________ as

President of the corporation

 

 

SHAREHOLDERS' CONSENT TO REVOCATION OF ELECTION

We, the undersigned, being more than one-half of the shareholders of

____________________ at the beginning of the day on which the revocation of S Corporation

election to which this consent is attached was filed with the District Director of Internal Revenue at

_____________________, hereby consent to such revocation.

 

 

Dated ______________________, 19____.

Number of

Name and Address Shares Owned Signature

___________________ __________ ____________

___________________ __________ ____________

___________________ __________ _____________