Indicate whether the following statements are "True" or "False" regarding tax considerations under $ 351. a. b. In a 351 transfer where no gain is recognized, the depreciation recapture rules apply. In a 351 transfer, the shareholder's holding period for stock received in exchange for a capital asset or 1231 property includes the holding period of the property transferred to the corporation. In a $ 351 transfer, a transfer of stock for services is not a taxable transaction to a corporation