Since the IRS Requires That Target Shareholders Continue to Hold

question 89

True/False

Since the IRS requires that target shareholders continue to hold a substantial equity interest in the acquiring company, the tax code defines what constitutes a substantial equity interest.

---

Definitions:

Glomerular Capillaries

A network of tiny blood vessels located within the kidneys' glomeruli that play a crucial role in filtering blood to form urine.

Renal Papilla

The apex of the renal pyramid in the kidney where urine flows into the minor calyx.

Renal Calyx

A component of the kidney that funnels urine into the renal pelvis; it is the initial chamber where urine collects after it is produced in the kidney.

Renal Pelvis

The central collecting region in the kidney where urine gathers before flowing into the ureter.