When a subsidiary corporation is liquidated into its parent corporation under a formal plan of liquidation, the distributions must take place within
A)a six-month period.
B)a 12-month period.
C)the current and next tax years.
D)the current and next three tax years.

Question

Quizplus · Accepted Answer

The Answer of When a subsidiary corporation is liquidated into its parent corporation under a formal plan of liquidation, the distributions must take place within
A)a six-month period.
B)a 12-month period.
C)the current and next tax years.
D)the current and next three tax years.

When a Subsidiary Corporation Is Liquidated into Its Parent Corporation