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In a corporation-shareholder below market loan, the borrower (shareholder) is deemed to pay interest to the lender (corporation) in an amount equal to the amount
In a corporation-shareholder below market loan, the borrower (shareholder) is deemed to pay interest to the lender (corporation) in an amount equal to the amount of imputed interest charged on the loan, and the corporation is deemed to make a dividend distribution to the shareholder for that same amount.
True |
False |
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