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Spin-Offs Are Not Taxed If the Shareholders of the Parent

Question 15

Multiple Choice

Spin-offs are not taxed if the shareholders of the parent company are given at least


A) 90 percent of the shares in the new company.
B) 80 percent of the shares in the new company.
C) 70 percent of the shares in the new company.
D) 60 percent of the shares in the new company.

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