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    Exam 4: Corporate Nonliquidating Distributions
  5. Question
    The Sec 318 Family Attribution Rules Can Be Waived for Purposes
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The Sec 318 Family Attribution Rules Can Be Waived for Purposes

Question 30

Question 30

True/False

The Sec. 318 family attribution rules can be waived for purposes of the Sec. 302(b)(3)complete termination rules even though the redeeming shareholder is a creditor of the corporation.

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