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Business, 07.03.2020 04:42, lettytinocooxmq0y
2. Fargo Corporation distributes property (basis of $260,000 and fair market value of $310,000) to a shareholder. Fargo Corporation has sufficient E & P for its distributions. What are the tax consequences of this distribution to Fargo?
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2. Fargo Corporation distributes property (basis of $260,000 and fair market value of $310,000) to a...
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