1. LawStack
  2. Title 26 - Internal Revenue
  3. Subchapter A - INCOME TAX
  4. Part 1 - INCOME TAXES
  5. Supertopic - CORPORATE DISTRIBUTIONS AND ADJUSTMENTS
  6. Topic - Corporate Liquidations
  7. Subtopic - effects on recipients
  8. 26 CFR § 1.332-5
26 CFR § 1.332-5
Distributions in liquidation as affecting minority interests
June 25, 2020
CFR

Upon the liquidation of a corporation in pursuance of a plan of complete liquidation, the gain or loss of minority shareholders shall be determined without regard to section 332, since it does not apply to that part of distributions in liquidation received by minority shareholders.

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§ 1.332-4 Liquidations covering more than one taxable year
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§ 1.332-6 Records to be kept and information to be filed with return

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