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ConnieM
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  • They don't distribute from the profit of the company like, say, Adobe, or Amazon do. But technically what a shareholder takes out of the corporation, other than...
    ConnieM
    2
    Feb 13, 2020
  • Yes, they reduce the basis on the Balance Sheet. If the distributions exceed basis, then the amount of excess distributions is taxed as a capital gain. The adva...
    ConnieM
    Feb 13, 2020
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