Which of the following is not true regarding a 'rollover', the transfer of assets where...
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Accounting
Which of the following is not true regarding a 'rollover', the transfer of assets where an election is filed to have the transfer/sale price (for tax purposes) be equal to the tax cost of the assets? Mulupie Choice There must be un issue of shares by the purchaser as part of a rollover. Capeal gains whetent in the tranterred assets are permanertly eliminated when a roliower takes ploce. Non share consideration mey anclude dobt being issued to the seller A sharetoider moy tranfer assets to a corporation as their tax cost
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