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Certificate of Beneficial Ownership Form

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123 LLC is owned by 2 individuals both at 33.33% and ABC, LLC which owns 33.34%. The natural individuals of ABC, LLC are John and Jane Doe. Would John and Jane Doe, in fact, be 16.67% owners of 123, LLC? This question is in regard's to the Certificate of Beneficial Ownership form.

That's the way the math works.

John and Jane are not beneficial owners of 123 LLC.

First published on 04/01/2018

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