A reverse triangular reorganization requires that the target shareholders receive voting stock of the acquiring corporation.

T/F

Tax considerations should always be the primary reason for structuring an acquisition.

T/F

Han transferred land to his solely owned corporation in a 351 transaction. Han had held the land for two years prior to the transfer and recognized no gain on the transfer. The corporation will tack Han's holding period for the land.

T/F

The definition of property as it relates to a 351 transaction includes money.

T/F

A taxpayer always will have a tax basis in boot received in a 351 transaction equal to its fair market value.

T/F