...taxed as ordinary Income." 1 SEC. 802. DISTRIBUTIONS IN REDEMPTION OF STOCK. (h) REDEMPTIONS THEATER AS EXCHANGES. — (1) REDEMPTIONS NOT EQUIVALENT TO...redemption Is not essentially equivalent to a dividend. •SBC. 302. DISTRIBUTIONS IN REDEMPTION OF STOCK. (a) GENERAL RCLE. — If a corporation redeems Its...

...section 317(b)), and If paragraph (1), (2), (3), or (4) of subsection (b) applies, such redemption Bhall be treated as a distribution In part or full payment...for the stock. (b) REDEMPTIONS TREATED AS EXCHANGES. — • •••••• (3) TERMINATION OP SHAKKHOLDKU'S INTEREST. — Subsection (a) shall apply...

...(3), or (4) of Hiibsoctlon (b) applies, such redemption shall be treated as a distribution In pnrt or full payment in exchange for the stock. (b) REDEMPTIONS TREATED AS EXCHANGES. — • •••••• (3) TERMINATION OF SHAREHOLDER'S INTEREST. — Subsection (a) shall apply...

...317(b», and If paragraph (1), (2), (3), or (4) of subsection (b) applies, such redemption •hall be treated as a distribution in part or full payment...redemption is not essentially equivalent to a dividend. (2) SOBSTANTIALLY DISPBOPORTIONATE REDEMPTION OF STOCK. ••••••• (3) TERMINATION or SHAREHOLDER'S...

...section 317<b)), and If paragraph (1), (2), (3), or (4) of subsection (b) applies, such redemption eliall be treated as a distribution In part or full payment...AS EXCHANGES.— (1) REDEMPTIONS NOT EQUIVALENT TO DIVIDENDS.—Subsection (a) shall apply If the redemption Is not essentially equivalent to n dividend....

...section applies, determinations as to whether the acquisition is, by reason of section 302 (b), to be treated as a distribution in part or full payment in exchange for the stock shall be made by reference to the stock of the issuing corporation. In applying section 318 (a) (relating...

...Internal Revenue Code of 1054 unless otherwl* Indicated. • SEC. 302. DISTRIBUTIONS IN REDEMPTION OF STOCK. (b) REDEMPTIONS TREATED AS EXCHANGES. — (1)...REDEMPTIONS NOT EQUIVALENT TO DIVIDENDS. — Subsection (a) sh:ill apply If the redemption Is not essentially equivalent to a dividend. ••••••• (it)...

...its stock and if paragraph ( 1 ), (2), (3), or (4) of section 302(b) applies to the redemption, the redemption shall be treated as a distribution in part or full payment in exchange for the stock. Section 302(b) (2) states as a general rule that section 302(a) shall apply to a redemption if the...

...part, that if a corporation redeems its stock and if paragraph (1), (2), (3), or (4) of section 302 he end the following: "Any reasonably segregable portion of a record shall be provided to any perso for stock. Section 302 (d) of the Code provides that except as provided in subchapter С of the Code,...

...provides, in part, that a distribution of property in complete termination of a shareholder's interest shall be treated as a distribution in part or full payment in exchange for the stock. Accordingly, in the instant case, since the principal amount of securities received does not exceed...