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Mandarini Mandarini
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7 years ago
Penish and Sagen Corporations have filed consolidated tax returns for several calendar years. At the close of business on September 30, 2012, Penish Corporation sells its all of its Sagen stock to June. What are the tax consequences to each corporation?
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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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genflynngenflynn
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7 years ago
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We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know.

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Mandarini Author
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7 years ago
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