_____ 13. If property is distributed to a shareholder as a dividend, the dividend is equal to the property's
fair market value.

Name: _____ 13. If property is distributed to a shareholder as a dividend, the dividend is equal to the property's fair market value.
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According to the Internal Revenue Code, if property is distributed to a shareholder as a dividend, the dividend is valued at the fair market value of the property.

_____ 13 If Property Is Distributed to a Shareholder as a a Dividend