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Assume the same facts as in Problem 36, except that the two shareholders consent to an AAA bypass election.
Assume the same facts as in Problem 36, except that the two shareholders consent to an AAA bypass election.
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Distributions exceeding the AAA balance are a basis reduction assuming the entity has always been an ...
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Federal Taxation 2016 Comprehensive
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
29th Edition
134104374, 978-0134104379
