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In a 351 transaction, one or more transferors of assets contribute the assets to a corporation in exchange only for stock and should then have
In a 351 transaction, one or more transferors of assets contribute the assets to a corporation in exchange only for stock and should then have at least 80% control of the corporation. Property is broadly defined for this purpose but does not include services
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
