A shareholder can defer the recognition of gain on liquidation when an installment note is received, if the note arose from the sale of all the corporation's assets within the 12-month period starting with the adoption of the plan of liquidation.
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Q1: Gains and losses on liquidation distributions received
Q2: Generally, by considering a sale of stock,
Q3: Section 338 eliminated the Kimbell-Diamond doctrine.
Q4: A shareholder reports a total gain or
Q5: The purchaser of a corporation with an
Q7: After the repeal of all rules based
Q8: It is necessary for a corporation to
Q9: Shareholders can accelerate the recognition of loss
Q10: Shareholders generally treat the amounts received in
Q11: Even though the parent corporation in a
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