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Once a corporation becomes a Personal Holding Company (Section 541), it will automatically always be a Personal Holding Company. True O False i QUESTION

Once a corporation becomes a Personal Holding Company (Section 541), it will automatically always be a Personal Holding Company. True O False i QUESTION 35 Nonvoting stock may be used in a Type "A" Reorganization without causing the reorganization to be taxable. O False True

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