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Home Q & A Board Other Fields Homework Help Business Accounting
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Kiarrra12 Kiarrra12
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3 years ago
Distributions in excess of a corporation's current and accumulated earnings and profits are treated as a nontaxable recovery of capital unless they exceed the basis of the stock.

▸ true

▸ false
Textbook 
Federal Taxation 2017 Individuals

Federal Taxation 2017 Individuals


Edition: 30th
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dseshdsesh
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3 years ago
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Kiarrra12 Author
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3 years ago
Thanks
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This calls for a celebration Person Raising Both Hands in Celebration
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This helped my grade so much Perfect
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