treu or false

7. The dividend received deduction allowed to a corporation owning 19% of another corporation is 60%. 8. Non-recognition of a gain or loss results on the complete liquidation of a subsidiary owned 80% or more by a corporate shareholder to that corporate shareholder. 9. Amounts received by an individual shareholder in complete liquidation of a corporation are treated as received in exchange for stock, generally resulting in capital gain or loss to the shareholder