I)What dividends are, as defined by the Code; What the recent changes effectively do (and how it was different from the prior approach to the taxation of dividends); and What the changes sought to achieve (in other words, why was the change made?)

II)Its no surprise that this result would often discourage corporate formation. Congress remedied this particular problem by enacting Section 351, and your text details how this provision generally operates. Did Congress craft a provision that allows corporations and their shareholders to avoid taxation on these transactions permanently, or did it have something else in mind? Support your answer!

NO COPY AND PASTE!! MUST BE ORIGINAL WORK OR NO PAYMENT!