A is corrent. The requirement is to determine which is not a corporate reorganization. A corporate reorganization is specifically defined in Sec 368 of the Internal Revenue Code. Sec 368 defines seven types of reorganization, of which three are present in this item: Type A, a statutory merger; Type E, a recapitalization; and, Type F, a mere change in identity, form, or place of organization. Stock redemption is the correct answer because it, by itself, does not constitute a corporate reorganization.
B is incorrect. A mere change in identity is a Type F corporate reorganization.
C is incorrect. A statutory merger is a Type A corporate reorganization.
D is incorrect. A recapitalization is a Type E corporate reorganization.
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