Question: In testing for extraordinary dividends under Section 1059, dividends which a taxpayer has received and which have ex-dividend dates within the same 85-day period will

In testing for extraordinary dividends under Section 1059, dividends which a taxpayer has received and which have ex-dividend dates within the same 85-day period will be treated as a single dividend. In testing for extraordinary dividends under Section 1059, dividends which a taxpayer has received and which have ex-dividend dates within the same 85-day period will be treated as a single dividend. True False

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