Spin-Offs Are Not Taxed If the Shareholders of the Parent

question 15

Multiple Choice

Spin-offs are not taxed if the shareholders of the parent company are given at least

• A)90 percent of the shares in the new company.
• B)80 percent of the shares in the new company.
• C)70 percent of the shares in the new company.
• D)60 percent of the shares in the new company.

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