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Suppose a non-recognition transaction occurs eight months prior to a liquidation being adopted. However, the acquisition was not motivated by a loss recognition purpose. Section
Suppose a non-recognition transaction occurs eight months prior to a liquidation being adopted. However, the acquisition was not motivated by a loss recognition purpose. Section 351 provides authority to exempt non-abuse transfers occurring within what period? Question 6Answer a. 2-year period b. 60-day period c. 180-day period d. 5-year period
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