Explain the differences between the tax treatment accorded nonliquidating property distributions made by S corporations and partnerships.
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An S corporation recognizes gain but not loss under Sec 311b when it makes a nonliquidating property ...View the full answer
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Related Book For 
Federal Taxation 2016 Comprehensive
ISBN: 9780134104379
29th Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
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