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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 20: Corporations: Distributions in Complete Liquidation and an Overview of Reorganizations
  5. Question
    A Corporation Generally Will Recognize Gain or Loss on a Liquidating
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A Corporation Generally Will Recognize Gain or Loss on a Liquidating

Question 16

Question 16

True/False

A corporation generally will recognize gain or loss on a liquidating distribution of installment notes to its shareholders.

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