When a "Type F" Reorganization Includes a Change from a Taxable

question 11

True/False

When a "Type F" reorganization includes a change from a taxable corporation to a flow-through entity, the original corporation stock loses its § 1244 status and earnings and profits do not carry over.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.

Third Places

Public spaces, besides home (first place) and work (second place), where people socialize, like cafes or parks.

Leisure

The enjoyment of free time with activities outside of work and daily responsibilities, often for enjoyment, entertainment, and relaxation.

Recreation

Actions taken for fun, relaxation, or happiness during non-working hours.