Tax Drill - Disproportionate Redemption Complete the following statements regarding disproportionate redemptions. A stock redemption qualifies for sale or exchange treatment under $ 302(b)(2) as a disproportionate redemption if the following conditions are met: % of the interest owned in the corporation before the After the distribution, the shareholder owns less than redemption . After the distribution, the shareholder owns less than entitled to vote. % of the total combined voting power of all dasses of stock Tax Drill - Family Attribution Waiver Jasper owns 40% of the stock in Jamison Corporation, while the remaining interest in Jamison is held as follows: 30% by Erin Jasper's wife) and 20% by Brian (a key employee). Jamison redeems all of Jasper's stock for its fair market value. As a result, Erin and Brian are the only remaining shareholders, now owning 75% and 25%, respectively. Complete the following statement regarding the family attribution rules and stock redemptions. qualify as a complete termination If the two requirements for the family attribution waiver are met, the transaction redemption and result in treatment