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Which of the following statements is FALSE? Group of answer choices A. The IRC defines a dividend as ANY distributions of money or property made
Which of the following statements is FALSE? Group of answer choices A. The IRC defines a "dividend" as ANY distributions of money or property made by a corporation to its shareholders out of earnings and profits. B. The tax code has an irrefutable presumption that every distribution a corporation makes is deemed to be made out of E & P to the extent they exist. C. A distribution cannot be a taxable dividend if the corporation has
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