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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 20: Corporations: Distributions in Complete Liquidation and an Overview of Reorganizations
  5. Question
    The Related-Party Loss Limitation in a Complete Liquidation Applies Only
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The Related-Party Loss Limitation in a Complete Liquidation Applies Only

Question 38

Question 38

True/False

The related-party loss limitation in a complete liquidation applies only to distributions of property while the built-in loss limitation can apply to a distribution or sale of property.

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