In order for a redemption or partial liquidation to qualify for exchange treatment, the distribution must not be essentially equivalent to a dividend.The approach used by the governing provisions in determining dividend equivalency is the same whether the transaction is a redemption or partial liquidation.

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The Answer of In order for a redemption or partial liquidation to qualify for exchange treatment, the distribution must not be essentially equivalent to a dividend.The approach used by the governing provisions in determining dividend equivalency is the same whether the transaction is a redemption or partial liquidation.

In Order for a Redemption or Partial Liquidation to Qualify