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This was a decently simple one compared to some of the other questions @The Swiss Chris has asked in interviews #finance #investmentbanking #technicals #interview #analyst
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The reason the tax basis doesn’t step up is because- if it’s a share sale ie you buy shares of the company, the tax treatment normally carries over- as the assets weren’t legally sold. @The Swiss Chris #investmentbanking #finance #technicals #interview #analyst
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