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Absent any special provision (e.g., Code Sec. 351), a transfer of property from a shareholder to a corporation in return for its shares would result
Absent any special provision (e.g., Code Sec. 351), a transfer of property from a shareholder to a corporation in return for its shares would result in:
a) full gain or loss recognition
b) partial gain or loss recognition
c) no gain or loss recognition
d) none of these
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