A transaction generally will be considered non-taxable to the seller or target firm's shareholder if it involves the purchase of the target's stock or assets for substantially all cash,notes,or some other nonequity consideration.

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The Answer of A transaction generally will be considered non-taxable to the seller or target firm's shareholder if it involves the purchase of the target's stock or assets for substantially all cash,notes,or some other nonequity consideration.

A Transaction Generally Will Be Considered Non-Taxable to the Seller