Goose Company is owned equally by Val and her sister Eugenia, each of whom owns 440 shares in the company. Val wants to reduce her ownership in the company and have the transaction treated as an exchange for tax purposes. Determine the minimum amount of stock that Goose must redeem from Val for her to treat the redemption as being "substantially disproportionate with respect to the shareholder" and receive exchange treatment. (Round your "number of shares redeemed" value to nearest whole number.)
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Val must reduce...
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