The primary requirement of a Type A reorganization under IRC 368 is: a. A statutory merger or consolidation b. 100% of consideration consistis of equity c. 100% of consideration consistis of cash d. No continuity of the business enterprise

The primary requirement of a Type A reorganization under IRC 368 is: a. A statutory merger or consolidation b. 100% of consideration consistis of equity c. 100% of consideration consistis of cash d. No continuity of the business enterprise

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

The primary requirement of a Type A reorganization under IRC 368 is:

a. A statutory merger or consolidation
b. 100% of consideration consistis of equity
c. 100% of consideration consistis of cash
d. No continuity of the business enterprise

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