Involve the general rule for recognition of gain

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Which Code sections involve the general rule for recognition of gain or loss by shareholders and the corporation on liquidation of a corporation?

a. Code Section 1001(a) and Code Section 332(a).
b. Code Section 1031 and Code Section 1001(a).
c. Code Section 331(a) and Code Section 1001(d).
d. Code Sections 1031(b) and Code Section 1012.


a. Treas. Reg. Sec.1018T.
b. Treas. Reg. Sec. 1018-1T.
c. Treas. Reg. Sec. 1-1018-1T.
d. all of the above.

Reference no: EM13514984

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