Carson Corporation has a basis of \(\$ 10\) million in the stock of its 100 -percent-owned subsidiary, Griffen Corporation. Both Carson and Griffen have been actively conducting business for more than five years. In July 2015, Hall Corporation purchased 4 percent of Carson's stock for \(\$ 50\) million. In May 2018, Carson distributed all of its Griffen stock to Hall in redemption of the Carson stock owned by Hall. At the time of the distribution, the Griffen stock was worth \(\$ 60\) million. What are the tax effects of the redemption to Carson Corporation and Hall Corporation?