Examlex
The Code treats corporate distributions that are a return of a shareholder's investment as sales or exchanges and corporate distributions that are a return from a shareholder's investment as dividends.
Q8: Coffee Corporation has 2,000 shares of common
Q34: Adam transfers cash of $300,000 and land
Q36: After a plan of complete liquidation has
Q90: George (an 80% shareholder) has made loans
Q91: Compensation for services rendered to an S
Q92: Mark receives a proportionate nonliquidating distribution.At the
Q133: Claude Bergeron sold 1,000 shares of Ditta,Inc.
Q146: During the current year,Hawk Corporation sold equipment
Q165: Rust Corporation distributes property to its sole
Q175: Renee,the sole shareholder of Indigo Corporation,sold her