On the purchase of shares of a corporation by unrelated parties, which of the following statements is true? Multiple Choice O O O CCA on the corporation's assets after the acquisition is based on the fair market value of the assets as of the date of the purchase. The assets within the corporation retain their tax values, if those tax values do not exceed the fair market value (FMV) of the assets. The assets within the corporation retain their tax values, if those tax values exceed the fair market value (FMV) of the assets.

On the purchase of shares of a corporation by untelated parties, which of the following statements is true? Muthpie Choice