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Please help. Q111 Most tax practitioners will tell their clients not to contribute appreciated property into their C corporation because even though it can go
Please help. Q111
Most tax practitioners will tell their clients not to contribute appreciated property into their C corporation because even though it can go into the corporation tax-free under Section 351, it will never come out tax-free. Explain briefly what they mean by "it will never come out tax-freeStep by Step Solution
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