Question: A corporation distributes depreciated noncash property to a shareholder. What impact does the distribution have on the corporations earnings and profits?

A corporation distributes depreciated noncash property to a shareholder. What impact does the distribution have on the corporation’s earnings and profits?

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corporation distributes depreciated non-cash property to a shareholder. What impact does the distribution have on the corporations earnings and profits?

A corporation distributes depreciated noncash property to a shareholder. What impact does the distribution have on the corporation's earnings and profits?

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