A stock redemption to pay death taxes under Sec. 303 is generally treated as

A) a sale or exchange of property.
B) a dividend.
C) a return of capital.
D) ordinary income.


A) a sale or exchange of property.

Business

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IP spoofing

a. combines the messages of multiple users into a "spoofing packet" where the IP addresses are interchanged and the messages are then distributes randomly among the targeted users. b. is a form of masquerading to gain unauthorized access to a web server. c. is used to establish temporary connections between network devices with different IP addresses for the duration of a communication session. d. is a temporary phenomenon that disrupts transaction processing. It will resolve itself when the primary computer completes processing its transaction and releases the IP address needed by other users.

Business

Meta-analytic results (a quantitative summary of 59 studies) show that merely offering work-life programs is related to greater perceptions of organizational support, and these perceptions improve job attitudes and performance.

Answer the following statement true (T) or false (F)

Business

Rovio, the parent company of the popular Angry Birds app, made several marketing mix decisions that were considered to be part of its distribution. Which of the following was not a decision that relates to distribution?

A. Downloads of the game Angry Birds B. The sale of T-shirts and stuffed birds and pigs through its website C. The sale of Halloween costumes through Amazon D. The opening of retail stores in Finland and China E. The licensing of the Angry Birds to producers of T-shirts and costumes

Business

An accounting firm was sued for negligently preparing a financial report for a company. It causes losses to occur. At trial, the firm was found to have been negligent in its work. This meant that the firm would likely be:

a. responsible for losses suffered by its client that could be linked to reliance on the work b. responsible for losses suffered by its client that could be linked to reliance on that work and to the firm whose books were audited since that firm's reputation was damaged c. responsible for losses not to exceed $1 million, the statutory limit on accountant liability in that state d. not responsible for damages despite negligence, since reliance could not be shown e. not responsible for damages despite negligence because of a lack of proximate cause

Business