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    Business
  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 19: Corporate Formation, Reorganization, and Liquidation
  5. Question
    A Liquidation of a Corporation Always Is a Taxable Event
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A Liquidation of a Corporation Always Is a Taxable Event

Question 15

Question 15

True/False

A liquidation of a corporation always is a taxable event for thenon-corporate shareholder(s)of the liquidated corporation.

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