Small Corp owns 100% of the stock in Big Corp and has a $300,000 basis...
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Small Corp owns of the stock in Big Corp and has a $ basis in the stock. Big Corp owns assets with FMV of $M and basis of $ Big Corp liquidates and distributes all of its assets to Small Corp. As a result of the liquidation, Small Corps basis in the assets received in the liquidation is:
Small Corp owns of the stock in Big Corp and has a $ basis in the stock. Big Corp owns assets with FMV of $M and basis of $ Big Corp liquidates and distributes all of its assets to Small Corp. As a result of the liquidation, Small Corps basis in the assets received in the liquidation is:
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