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An individual wants to create a business and obtain an ownership interest in it by contributing the individual s own skilled labor in the formation
An individual wants to create a business and obtain an ownership interest in it by contributing the individuals own skilled labor in the formation of the business. For which entity type would the receipt of an ownership interest in exchange for services be a nontaxable event?
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ACC 120 Wake Tech Financial Accounting W Connect Plus Access
Authors: J. David Spiceland
1st Edition
1308168926, 978-1308168920
