If a parent corporation makes a § 338 election, the subsidiary corporation recognizes gain but not loss on the deemed sale of its assets on the qualified stock purchase date.
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Q2: The related-party loss limitation applies to distributions
Q3: The related-party loss limitation in a complete
Q4: One advantage of acquiring a corporation via
Q5: The built-in loss limitation in a complete
Q6: A subsidiary corporation is liquidated at a
Q8: If a parent corporation makes a §
Q9: Section 332 can apply to a parent-subsidiary
Q10: Legal dissolution under state law is required
Q11: Sparrow Corporation purchased 90% of the stock
Q12: A liquidation can occur for tax purposes
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