Spin-offs are not taxed if the shareholders of the parent company are given at least:
A. 90% of the shares in the new company
B. 80% of the shares in the new company
C. 70% of the shares in the new company
D. 60% of the shares in the new company
Answer:B
Spin-offs are not taxed if the shareholders of the parent company are given at least:
A. 90% of the shares in the new company B. 80% of the shares in the new company C. 70% of the shares in the new company D. 60% of the shares in the new company