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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:
| Full gain or loss recognition |
| None of these answer choices are correct |
| No gain or loss recognition |
| Partial gain or loss recognition |
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Comparative International Accounting
Authors: Christopher Nobes, Robert B Parker
12th Edition
0273763792, 978-0273763796
