A Corporation Is Required to File Form 966 Within 30

question 43

True/False

A corporation is required to file Form 966 within 30 days after the adoption of a plan of liquidation.

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Definitions:

Willingness to Change

The degree to which an individual or organization is open to modify behavior, processes, or attitudes in response to new information or circumstances.

Lack of Ability

A condition or situation in which there is an absence of sufficient skill, power, or capacity to perform effectively.

Counseling

A professional process of assistance and guidance in resolving personal or psychological problems.

Attitude

An individual’s settled way of thinking or feeling about something, typically reflected in their behavior.