Identify and briefly explain two alternative tax treatments that can apply when assets are transferred to a

Question:

Identify and briefly explain two alternative tax treatments that can apply when assets are transferred to a by a shareholder or a proposed shareholder.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...