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    Federal Taxation
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    Exam 19: Corporations: Distributions Not in Complete Liquidation
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    In General, If a Shareholder's Ownership Interest Is Not Diminished
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In General, If a Shareholder's Ownership Interest Is Not Diminished

Question 98

Question 98

True/False

In general, if a shareholder's ownership interest is not diminished as a result of a stock redemption, the Code will treat the transaction as a sale or exchange.

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