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True or false: Under no circumstances will a shareholder who has shares redeemed be able to treat the stock redemption as an exchange unless the shareholder meets the bright line change-in-stock-ownership
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True or false: Under no circumstances will a shareholder who has shares redeemed be able to treat the stock redemption as an exchange unless the shareholder meets the bright line change-in-stock-ownership tests.

User Tennyson
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1 Answer

7 votes

Answer:

False

Step-by-step explanation:

The not essentially equivalent to a dividend test is still available

User SEYED BABAK ASHRAFI
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5.5k points
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