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Business, 06.04.2021 01:00 harodkdc8463
Identify which of the following statements is true. Group of answer choices Sec. 338 election requires the adoption of the old target corporation's tax year by the new target corporation Section 338 requires a deemed election to be made. Tax attributes of the target corporation are not lost when a Sec. 338 deemed liquidation election is made. When the acquiring corporation makes the Sec. 338 election, the target corporation is treated in many respects as a new corporation.
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Identify which of the following statements is true. Group of answer choices Sec. 338 election requir...
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