Services are not considered property for the purposes of an IRC Section 351 transfer a contributing shareholder
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Question:
Services are not considered property for the purposes of an IRC Section 351 transfer a contributing shareholder receiving shares in exchange for the services rendered basis in the shares received.
a. True
b. False
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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