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Robert and Charles are trying to decide what form of business to form for their new company. They ask you the following question: Which of the following transactions would be considered by the IRS to be a taxable sale of assets? Changing the form of business from:
a. a partnership to an LLC.
b. All of the above.
c. a corporation to an LLC.
d. an LLC to a corporation.
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Answers: 2
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