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1. In general, what is the amount of the basis of the stock received by a shareholder in a Section 351 transaction? How is the

1. In general, what is the amount of the basis of the stock received by a shareholder in a Section 351 transaction? How is the shareholder's basis of stock received calculated? 2. If the shareholder receives other property (boot) along with the stock, what is the basis of that other property received? 3. In general, what is the basis of the property received by a corporation in a Section 351 transaction

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