What are the disadvantages of effecting a change in the basis of all of the firms assets

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What are the disadvantages of effecting a change in the basis of all of the firm’s assets either by their sale, followed by a complete liquidation, or by a stock purchase, along with an election to treat the stock purchase as a purchase of all the firm’s assets followed by a liquidation?
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Taxes And Business Strategy A Planning Approach

ISBN: 9780132752671

5th Edition

Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon

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