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Indicate whether the following statements are True or False regarding stock redemptions that qualify for sale or exchange treatment under the not essentially equivalent to
Indicate whether the following statements are "True" or "False" regarding stock redemptions that qualify for sale or exchange treatment under the not essentially equivalent to a dividend type of redemption. a. When a redemption fails to satisfy any of the qualifying stock redemption rules, the basis of the redeemed shares disappear. b. A decrease in the redeeming shareholder's voting control appears to be the most significant indicator of a meaningful reduction. c. A redemption will qualify as a not essentially equivalent redemption only when the shareholder's interest in the redeeming corporation has been meaningfully reduced
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