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Business, 16.10.2019 05:10 ambercuevas2707

When appreciated property is distributed in a nonliquidating distribution, the net effect on the distributing corporation's e& p is that it is reduced by the fmv of the property distributed and increased by the gain (net of federal income taxes) recognized due to the property distribution. truefalse

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When appreciated property is distributed in a nonliquidating distribution, the net effect on the dis...
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