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Distinguish between the application of Section 381 and Section 382. What is each code section intended to do? What other code sections must we be

Distinguish between the application of Section 381 and Section 382. What is each code section intended to do? What other code sections must we be aware as consultants to taxpayers when we are discussing the ability to utilize corporation tax attributes?

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Section 381 Carryovers in Certain Corporate Acquisitions Purpose Section 381 establishes rules for when a corporation acquires assets from another corporation in specific taxdeferred transactions It i... blur-text-image

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