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hen a parent corporation liquidates its subsidiary corporation, what is the tax effect of the liquidation to the parent and the subsidiary, assuming no special
hen a parent corporation liquidates its subsidiary corporation, what is the tax effect of the liquidation to the parent and the subsidiary, assuming no special elections? Taxable to the parent and the subsidiary Taxable to the parent but not the subsidiary Nontaxable to the parent but taxable to the subsidiary Nontaxable to the parent and nontaxable to the subsidiary
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