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safezone safezone
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7 years ago
Which of the following is required in order for a transaction to be considered a corporate inversion?
A) A foreign corporation acquires substantially all of the assets of a U.S. corporation.
B) Former shareholders of the U.S. corporation own 80% or more of the stock in the foreign corporation by reason of their U.S. stock ownership.
C) The former U.S. company and its affiliates do not conduct substantial business in the foreign country of incorporation.
D) All of the above are required.
Textbook 
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts

Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts


Edition: 27th
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RimounRimoun
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