Business, 17.10.2019 22:30 kamal82

One consequence of a property distribution by a corporation to a shareholder is that a. the amount of the distribution is increased by any liability assumed by the shareholder. b. any liabilities assumed by the shareholder do not reduce the shareholder's basis. c. the shareholder's basis in the distributed property is the same as the distributing corporation's basis. d. the holding period of the distributed property includes the holding period of the distributing corporation.

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