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Title: Peter owns all 100 shares of Parker Corporation's stock. His basis in the stock is $30,000. Parker ... Post by: safezone on Feb 14, 2017 Peter owns all 100 shares of Parker Corporation's stock. His basis in the stock is $30,000. Parker Corporation has $300,000 of E&P. Parker Corporation redeems 25 of Peter's shares for $90,000. What are the consequences to Peter and to Parker Corporation?
Title: Re: Peter owns all 100 shares of Parker Corporation's stock. His basis in the stock is $30,000. ... Post by: genflynn on Feb 14, 2017 Content hidden
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