Question: 8 . 11. After a Code Sec. 351 exchange, what is the shareholder's basis in the received stock? 12. Under Code Sec. 351, what is

8 . 11. After a Code Sec. 351 exchange, what is the shareholder's basis in the received stock? 12. Under Code Sec. 351, what is the and corporation's basis in property it receives?

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