Question
RC 302(b)(2) states that a redemption will be treated as an exchange if the redemption is a disproportionate distribution The determination of whether a redemption
RC 302(b)(2) states that a redemption will be treated as an exchange if the redemption is "a disproportionate distribution" The determination of whether a redemption qualifies under this provision is:
a. very subjective.
b. very objective.
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
