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    Taxation of Individuals
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    Exam 19: Corporate Formation, Reorganization, and Liquidation
  5. Question
    The Tax Basis of Property Received by a Non-Corporate Shareholder
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The Tax Basis of Property Received by a Non-Corporate Shareholder

Question 41

Question 41

True/False

The tax basis of property received by a non-corporate shareholder in a complete liquidation will be the property's fair market value.

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