Match the Following Statements

Multiple Choice

Match the following statements.
-Sale of corporate stock by the S corporation shareholders.

A) Transaction in this form enables double taxation to be avoided.
B) Gain or loss is calculated separately for each asset and is subject to single taxation.
C) This is subject to double taxation.
D) The sale is treated as the sale of a capital asset under § 741 but subject to ordinary income potential under §
751.
E) This is not subject to double taxation on the sale of corporate stock.