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  3. Study Set
    Essentials of Federal Taxation
  4. Exam
    Exam 14: Corporate Nonliquidating and Liquidating Distributions
  5. Question
    Compensation Recharacterized by the IRS as a Dividend Because It
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Compensation Recharacterized by the IRS as a Dividend Because It

Question 113

Question 113

True/False

Compensation recharacterized by the IRS as a dividend because it was considered "unreasonable" will affect only the income tax liability of the corporation paying the compensation.

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