Sec. 331. Gain Or Loss To Shareholder In Corporate Liquidations Gain Or Loss To Shareholder In Corporate Liquidations Amounts received by a shareholder in a distribution in complete liquidation of a corporation shall be treated as in full payment in exchange for the stock
331 - U. S. Code Title 26. Internal Revenue Code - FindLaw Read this complete 26 U S C § 331 - U S Code - Unannotated Title 26 Internal Revenue Code § 331 Gain or loss to shareholder in corporate liquidations on Westlaw Westlaw subscription required FindLaw Codes may not reflect the most recent version of the law in your jurisdiction
Corporate Liquidations under IRC § 331–§ 336 Section 331 treats non-parent shareholders as having sold their stock Gain or loss equals the difference between cash or fair-market value of property received and each shareholder’s basis in the shares High-basis shareholders may harvest capital losses; low-basis investors face capital gains
Internal Revenue Service, Treasury §1. 331 - GovInfo 1 331–1 Corporate liquidations Section 331 contains rules gov-erning the extent to which gain or loss is recognized to a shareholder receiving plete or partial liquidation of a corporation Under sec-tion 331(a)(1), it is provided that amounts distributed in complete liq-uidation of a corporation shall be treate