A liquidation of a corporation always is a taxable event for the shareholder(s) of the liquidated corporation.
Tax deferral applies to a corporate shareholder owning 80 percent or more of the corporation's stock before it is liquidated.

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The Answer of A liquidation of a corporation always is a taxable event for the shareholder(s) of the liquidated corporation.
Tax deferral applies to a corporate shareholder owning 80 percent or more of the corporation's stock before it is liquidated.

A Liquidation of a Corporation Always Is a Taxable Event