The amount of the dividend on a nonliquidating corporate distribution of property is the fair falue of the property.

Name: The amount of the dividend on a nonliquidating corporate distribution of property is the fair falue of the property.
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Question

Quizplus · Accepted Answer

According to the Internal Revenue Code, the amount of the dividend on a nonliquidating corporate distribution of property is equal to the fair market value of the property distributed. Therefore, option A is correct.

The Amount of the Dividend on a Nonliquidating Corporate Distribution