Corp a has assets with a fair market value of 100 and has

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Corp A has assets with a fair market value of $100 and has liabilities of $30, and a net operating loss carryforward of $10. Corp B acquires Corp A's assets in exchange for Corp B voting stock, and Corp A then liquidates. What are the tax results and would the results be different if Corp B uses Corp B voting stock plus $5 to acquire the assets of Corp A?

Reference no: EM13594638

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