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Consider only circumstances involving the saleof a subsidiary of a C-Corporation. a. Under what circumstances does a Section (338)(10) election make sense? b. When is

Consider only circumstances involving the saleof a subsidiary of a C-Corporation.

a. Under what circumstances does a Section (338)(10) election make sense?

b. When is a Section 338(h) (10) election suboptimal in the sale of a subsidiary of a C corporation? Be concise.

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