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    Essentials of Federal Taxation
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    Exam 14: Corporate Nonliquidating and Liquidating Distributions
  5. Question
    A Liquidating Corporation Always Recognizes Loss Realized in a Complete
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A Liquidating Corporation Always Recognizes Loss Realized in a Complete

Question 97

Question 97

True/False

A liquidating corporation always recognizes loss realized in a complete liquidation where none of the shareholders is a corporation.

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