26 C.F.R. § 1.332-5 Distributions in liquidation as affecting minority interests.
Title 26 - Internal Revenue
Upon the liquidation of a corporation in pursuance of a plan of complete liquidation, the gain or loss of minority shareholders shall be determined without regard to section 332, since it does not apply to that part of distributions in liquidation received by minority shareholders.
Title 26: Internal Revenue
PART 1—INCOME TAXES
effects on recipients
§ 1.332-5 Distributions in liquidation as affecting minority interests.
