to be a personal holding company, the corporation must have been formed or availed of for the purpose of avoiding tax on the shareholders. true or false

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter20: Corporations And Parterships
Section: Chapter Questions
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to be a personal holding company, the corporation must have been formed or availed of for the purpose of avoiding tax on the shareholders. true or false

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