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1- Name at least two ways in which an organization could avoid being assessed with the accumulated earnings tax? (PHC)? 2- Phillip Morris, Inc. recently

1- Name at least two ways in which an organization could avoid being assessed with the accumulated earnings tax? (PHC)?

2- Phillip Morris, Inc. recently announced plans to buy the stock of Nabisco for $11 billion in cash and other assets. What type of reorganization, if any, will the transaction be?

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