sacha
Level 1
06-25-2020
12:42 AM
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Taxpayer owns 2 established corporations. Received a good offer and sold the assets of one corporation and with the money remodel his other C corporation. Does he still have to pay the caiptal gain and drawing the money he has to pay again as dividend distribution or is there an IRS code at least to defer the gain since he is the sole shareholder of both corporations
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