Why does a redemption that qualifies for sale treatment under Sec. 303 usually result in the shareholders

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Why does a redemption that qualifies for sale treatment under Sec. 303 usually result in the shareholder’s recognizing little or no gain or loss?
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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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