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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 6: Corporations: Redemptions and Liquidations
  5. Question
    To Qualify a Partial Liquidation Under the Termination of a Business
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To Qualify a Partial Liquidation Under the Termination of a Business

Question 55

Question 55

True/False

To qualify a partial liquidation under the termination of a business test,the distribution must consist of the proceeds from the sale of a qualified trade or business.

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