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    Taxation of Individuals
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    Exam 19: Corporate Formation, Reorganization, and Liquidation
  5. Question
    The Shareholders in the Target Corporation Always Receive a Tax
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The Shareholders in the Target Corporation Always Receive a Tax

Question 26

Question 26

True/False

The shareholders in the target corporation always receive a tax basis in the stock received from the acquirer equal to the stock's fair market value.

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