A tax-deferred reorganization can involve all of the following except:
A)an exchange of assets for stock in a corporation
B)an exchange of stock in one corporation for stock in another corporation
C)a division of one corporation into two corporations
D)the liquidation of a corporation followed by reincorporation

Question

Quizplus · Accepted Answer

Tax-deferred reorganizations can include exchanges of assets for stock, exchanges of stock between corporations, and divisions of corporations. However, the liquidation of a corporation followed by reincorporation does not qualify as a tax-deferred reorganization.

A Tax-Deferred Reorganization Can Involve All of the Following Except