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Under what circumstances will gain and/or loss be recognized on a 351 transfer? What does property include for purposes of 351? Does the receipt of

Under what circumstances will gain and/or loss be recognized on a 351 transfer?

What does property include for purposes of 351?

Does the receipt of securities in exchange for the transfer of appreciated property to a controlled corporation cause recognition of gain? Explain. .

A corporation acquires property as a contribution to capital from a shareholder and from a nonshareholder. Are the rules pertaining to the property's basis the same? Explain.

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