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  3. Study Set
    Taxation of Business Entities
  4. Exam
    Exam 7: Corporate Taxation: Nonliquidating Distributions
  5. Question
    The Recipient of a Taxable Stock Dividend Will Have a Tax
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The Recipient of a Taxable Stock Dividend Will Have a Tax

Question 100

Question 100

True/False

The recipient of a taxable stock dividend will have a tax basis in the stock equal to the fair market value of the stock received.

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