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    Federal Taxation
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    Exam 6: Corporate Liquidating Distributions
  5. Question
    In General, a Noncorporate Shareholder That Receives a Distribution in Complete
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In General, a Noncorporate Shareholder That Receives a Distribution in Complete

Question 95

Question 95

True/False

In general, a noncorporate shareholder that receives a distribution in complete liquidation of the liquidating corporation recognizes his or her entire realized gain as a capital gain.

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