In November of this year, Corporation Q negotiated to sell a tract of land to an unrelated buyer. The buyer refused to close the sale until the following February. Corporation Q wanted to close the sale by year-end so that the gain would be taxed at its current 25 percent rate. Corporation Q's rate for next year will be 39 percent. In December, Corporation Q sold the land to its wholly owned subsidiary. In February, the subsidiary sold the land to the unrelated buyer.
Identify the tax issue or issues suggested by the following situations, and state each issue in the form of a question.