Question: For each item, decide whether the transaction qualifies as an A reorg, B reorg, C reorg, or if the transaction is taxable. Each category (A,
For each item, decide whether the transaction qualifies as an A reorg, B reorg, C reorg, or if the transaction is taxable. Each category (A, B, C, etc.) might be used more than once; and not all categories may needed. P and T are both C corporations. Pursuant to a state law statute governing mergers, T is merged into P. The T shareholders surrender their T stock in exchange for P voting stock
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