Stock in a controlled subsidiary corporation can be distributed tax-free to the distributing corporations shareholders under Sec.

Question:

Stock in a controlled subsidiary can be distributed tax-free to the distributing corporation’s shareholders under Sec. 355. Explain the difference between such a and a divisive Type D reorganization.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...