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Archive for December 22nd, 2021

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S Corporation’s Disposition of Major League Baseball Team Was Disguised Sale

S Corporation’s Disposition of Major League Baseball Team Was Disguised Sale An S corporation’s disposition of a major league baseball team was a disguised sale to a newly formed partnership. The taxpayer had formed the partnership, with a renowned family, where the taxpayer contributed the major league baseball team and related assets and the family […]

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