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1059 applies if a corporate shareholder receives an extraordinary dividend and has not held the stock for more than two years prior to the dividend
1059 applies if a corporate shareholder receives an "extraordinary dividend" and has not held the stock for more than two years prior to the dividend payment date. Section 1059 applies if a corporate shareholder receives an "extraordinary dividend" and has not held the stock for more than two years prior to the dividend payment date. True False
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