If a subsidiary corporation makes a liquidating distribution to its parent corporation, the liquidating corporation...
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Accounting
If a subsidiary corporation makes a liquidating distribution to its parent corporation, the liquidating corporation does not recognize gain or loss on the distribution no matter how much stock the parent corporation owned.
If a subsidiary corporation makes a liquidating distribution to its parent corporation, the liquidating corporation does not recognize gain or loss on the distribution no matter how much stock the parent corporation owned.
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