Question
To qualify for Sec. 351, a sole proprietor must be in control of the receiving corporation immediately after the exchange of assets for the corporations
To qualify for Sec. 351, a sole proprietor must be in control of the receiving corporation immediately after the exchange of assets for the corporations stock. Control for this purpose means ownership of stock amounting to at least:
a) 50% b) 51% c) 66.67% d) 80% e) None of the above
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Investing Amid Low Expected Returns Making The Most When Markets Offer The Least
Authors: Antti Ilmanen
1st Edition
1119860199, 978-1119860198
