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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 21: Partnerships
  5. Question
    When It Liquidates, a Partnership Is Not Generally Subject to Tax
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When It Liquidates, a Partnership Is Not Generally Subject to Tax

Question 132

Question 132

True/False

When it liquidates, a partnership is not generally subject to tax on the appreciation of its assets.

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