Explain how are those discernments handled-controlled

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Q. In an asset purchase of an S-Crop amounts to $1,500,000 and two partners with 60/40 ownership are to split proceeds after eliminating depts and holding 30% of deal for 4 years at 5% meaning roughly $1,120,000 will be divided, illustrate what should the expected tax impact be and explain how are those discernments handled/controlled?

Reference no: EM13106756

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