Corporate Liquidation Distribution to Minority Shareholder | Corporate Income Tax Course
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2019-07-30

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In a § 332 parent-subsidiary liquidation, up to 20 percent of the subsidiary’s stock can be owned by minority shareholders. In such liquidations, a distribution of property to a minority shareholder is treated in the same manner as a nonliquidating distribution. That is, the subsidiary corporation recognizes gain (but not loss) on the property distributed to the minority shareholder.

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