Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of intelligent agents: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
What is a 'Beneficial Owner'. A beneficial owner is a person who enjoys the benefits of ownership even though title to some form of property is in another name.
In a grantor's trust, the grantor is treated as the owner of the trust for federal income tax purposes, and so there is no tax at the trust level: all income and losses are passed through to the grantor. Any trust that qualifies as a grantor trust will be eligible to hold S corporation stock.