Describe why the corporate contraction provision in Section 382(e)(2) exists and why the general rule of testing

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Describe why the corporate contraction provision in Section 382(e)(2) exists and why the general rule of testing the equity of the loss co prior to the ownership change does not work?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Feb 10, 2024 11:08 AM

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Describe why the corporate contraction provision in Section 382(e)(2) exists and why the general rule of testing

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The corporate contraction provision in Section 382e2 of the Internal Revenue Code exists to prevent ... View the full answer

Income Tax Fundamentals 2013

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