Question
16. The transferor's holding period for any stock received in exchange for a capital asset under a tax free Sect.351(a) exchange A) begins on
16. The transferor's holding period for any stock received in exchange for a capital asset
under a tax free Sect.351(a) exchange
A) begins on the day after the exchange.
B) includes the holding period for the property transferred.
C) begins on the day of the exchange.
D) none of the above
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
