A liquidated corporation will always recognize loss in a complete liquidation where none of the shareholders is a corporation.
The "built-in loss" rules can prevent a liquidated corporation from recognizing loss realized in a transfer of property to a noncorporate shareholder.

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The Answer of A liquidated corporation will always recognize loss in a complete liquidation where none of the shareholders is a corporation.
The "built-in loss" rules can prevent a liquidated corporation from recognizing loss realized in a transfer of property to a noncorporate shareholder.

A Liquidated Corporation Will Always Recognize Loss in a Complete