Question
On August 1, 2013, Caroline exchanges a piece of equipment for 100% of the stock in Greene Corporation. Caroline purchased the equipment on June 15,
On August 1, 2013, Caroline exchanges a piece of equipment for 100% of the stock in Greene Corporation. Caroline purchased the equipment on June 15, 2000. If Caroline If Caroline sells her stock on December 31, 2016, what date does she use for date of 1.333 stock acquired?
a June 15, 2000
b January 1, 2016
c August 1, 2016
d December 31, 2016
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South Western Federal Taxation 2015
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
38th Edition
978-1305310810, 1305310810, 978-1285439631
