Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) The step-transaction doctrine has always been used by the IRS to convert a tax-free transaction into a taxable transaction.
B) Tax attributes carry over from the target corporation to the acquiring corporation in all acquisitive reorganizations.
C) In a Type A reorganization, the net operating loss carryover can be used by the acquiring corporation without limitation in its first tax year that ends after the acquisition date.
D) All of the above are false.