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    Federal Taxation
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    Exam 7: Corporations: Reorganizations
  5. Question
    In a Reorganization, the Original Corporation Must Receive at Least
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In a Reorganization, the Original Corporation Must Receive at Least

Question 121

Question 121

Short Answer

In a reorganization, the original corporation must receive at least 80% percent of new corporations' stock. The assets transferred to the new corporations must have been owned and conducted as a trade or business for at least years.

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