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Ms. Jones owns all of the shares of Jones Co. She has had the company valued and 50% of the shares are worth $100,000. She

Ms. Jones owns all of the shares of Jones Co. She has had the company valued and 50% of the shares are worth $100,000. She is going to sell to her husband 50% of her shares for $100,000 cash. She intends to report the gain on her tax return and have her husband pay tax on any dividends paid by the company. Does this work? Comment.

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