On March 15,2015,Blue Corporation Purchased 10% of the Gold Corporation

Essay

On March 15,2015,Blue Corporation purchased 10% of the Gold Corporation stock outstanding.Blue Corporation purchased an additional 40% of the stock in Gold on October 23,2015,and an additional 25% on April 4,2016.On July 23,2016,Blue Corporation purchased the remaining 25% of Gold Corporation stock outstanding.
a.For purposes of the § 338 election, on what date does a qualified stock purchase occur?
b.What is the due date for making the § 338 election?