Question: Assume the following table [ [ accumulated E&P , 1 0 0 ] , [ current E&P , 5 0 ] , [ shareholder

Assume the following
\table[[accumulated E&P,100],[current E&P,50],[shareholder basis,100],[property distribution,],[FMV,500],[basis,200]]
How is it taxed to the shareholder if it is a dividend?
How is it taxed to shareholder if it is a qualifying redemption?
What are income tax consequences to the corporation?
Assume the following \ table [ [ accumulated E&P

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