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    Exam 4: Corporate Nonliquidating Distributions
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    Current E&P Does Not Include
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Current E&P Does Not Include

Question 64

Question 64

Multiple Choice

Current E&P does not include


A) tax-exempt interest income.
B) life insurance proceeds where the corporation is the beneficiary.
C) federal income tax refunds from prior years.
D) All of the above are included.

Correct Answer:

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