In determining whether a redemption distribution qualifies for sale treatment under the facts and circumstances tests of § 302, one factor typically considered is whether the redemption was motivated by a valid business purpose.

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The Answer of In determining whether a redemption distribution qualifies for sale treatment under the facts and circumstances tests of § 302, one factor typically considered is whether the redemption was motivated by a valid business purpose.

In Determining Whether a Redemption Distribution Qualifies for Sale Treatment