Question: True or false 1.A stock redemption will always be treated as a sale of stock by the shareholder participating in the transaction 2.. A corporate

True or false

1.A stock redemption will always be treated as a sale of stock by the shareholder participating in the transaction

2.. A corporate shareholder of a corporation that is completely liquidated will always receive tax deferral on the liquidation proceeds received.

3. The computation of earnings and profits can include items of income that are tax-exempt and expenditures that are not deductible.

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