What is the rationale behind a corporation's increasing its basis in property received in a Section 351

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What is the rationale behind a corporation's increasing its basis in property received in a Section 351 transaction for the gain recognized by the transferor shareholder?

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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: Mar 22, 2016 03:49 AM

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What is the rationale behind a corporation's increasing its basis in property received in a Section 351

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Taxation For Decision Makers 2014

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