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Which of the Following Statements Regarding Spin-Offs and Carve-Outs Is

Question 30

Multiple Choice

Which of the following statements regarding spin-offs and carve-outs is not true?


A) Spin-offs are not taxed if the shareholders of the parent company are given a majority of shares in the new company
B) Spin-offs are not taxed if the shareholders of the parent company are given at least 80% of the shares in the new company
C) Gains or losses from carve-outs are taxed at the corporate tax rate
D) In Carve-outs, parent company has the majority control

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