Match the Following Statements

question 38

Multiple Choice

Match the following statements.
-Sale of corporate stock by the C corporation shareholders.

• A)Transaction in this form enables double taxation to be avoided.
• B)Gain or loss is calculated separately for each asset and is subject to single taxation.
• C)This is subject to double taxation.
• D)The sale is treated as the sale of a capital asset under § 741 but subject to ordinary income potential under §
• 751.
• E)This is not subject to double taxation on the sale of corporate stock.