The Code Treats Corporate Distributions That Are a Return of a Shareholder's

question 159

True/False

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.

---

Definitions:

Bruising

The appearance of discoloration on the skin caused by bleeding underneath, typically due to trauma.

Congestive Heart Failure

A chronic condition where the heart doesn't pump blood as well as it should, leading to fluid build-up around the heart.

Dependent Edema

Swelling caused by the accumulation of fluid in tissues, often influenced by gravity and seen in the lower body.

Stasis Ulcers

Chronic wounds that occur due to poor blood circulation, typically in the lower extremities.