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In this session, Professor Farhad will continue to discuss complete corporate liquidation, focusing on a parent subsidiary scenario. This topic is part of a corporate income tax course and relevant to the CPA exam regulation section. Viewers are encouraged to connect with the professor on LinkedIn and subscribe to his YouTube channel for accounting, auditing, and tax lectures. The professor also provides his Instagram, Facebook, and website for further connection and support options. The session will cover losses for related parties and allowed losses in corporate liquidation.