TB MC Qu.18-61(Algo) Sam owns... Sam owns 75 percent of the stock of...
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TB MC QuAlgo Sam owns... Sam owns percent of the stock of Club Corporation. Unrelated individuals own the remaining percent. For a stock redemption of Sam's stock to be treated as an exchange under the "substantially disproportionate" test, what percentage of Club stock must Sam own after the redemption? Multiple Choice Any percentage less than percent Any percentage less than percent Any percentage less than percent All stock redemptions involving individuals are treated as exchanges. 
TB MC QuAlgo Sam owns...
Sam owns percent of the stock of Club Corporation. Unrelated individuals own the remaining percent. For a stock redemption of Sam's stock to be
treated as an exchange under the "substantially disproportionate" test, what percentage of Club stock must Sam own after the redemption?
Multiple Choice
Any percentage less than percent
Any percentage less than percent
Any percentage less than percent
All stock redemptions involving individuals are treated as exchanges.
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