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Business, 09.12.2019 18:31 yolo123321

Which of the following statements is true in order for a distribution of corporate assets to be treated as being in exchange for stock in a partial liquidation of a corporation? a. a distribution of corporate assets is treated as an exchange for stock in a partial liquidation of a corporation, whether or not the stock is actually surrendered. b. a distribution of corporate assets to a corporate shareholder is treated as being in exchange for stock. c. a distribution must be essentially equivalent to a dividend. d. a distribution must occur in the taxable year the plan is adopted.

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