In applying the stock attribution rules to a stock redemption,stock owned by a 50% or more shareholder of a corporation is deemed to be owned in full by the corporation.

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This is true according to the stock attribution rules. If a shareholder owns 50% or more of a corporation's stock, any stock owned by that shareholder is deemed to be owned by the corporation in full. This is important in determining the tax consequences of a stock redemption.

In Applying the Stock Attribution Rules to a Stock Redemption,stock