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Which of the following statements is false regarding DISTRIBUTIONS from a Corporation to its shareholders? O Corporations will recognize a gain, but not loss on
Which of the following statements is false regarding DISTRIBUTIONS from a Corporation to its shareholders? O Corporations will recognize a gain, but not loss on distributions to its shareholders. Distributions are first treated as dividends to the extent of a corporation's earnings and profits. A shareholder's basis in corporate stock will be reduced if the corporation distributes property valued in excess of earrings and profits. A shareholder will never report gain on the distributions of a corporation
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