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  2. Topic
    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 13: Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges
  5. Question
    For a Corporate Distribution of Cash or Other Property to a Shareholder
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For a Corporate Distribution of Cash or Other Property to a Shareholder

Question 32

Question 32

Essay

For a corporate distribution of cash or other property to a shareholder, when does dividend income or a return of capital result?

Correct Answer:

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To the extent of corporate earnings and ...

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