390. CHAPTER 4—CORPORATIONS: ORGANIZATION AND CAPITAL STRUCTURE Que90 Issues relating to basis arise when a taxpayer is involved in a § 351 transaction. Describe the underlying rules, and the purpose they serve.
390. CHAPTER
4—CORPORATIONS: ORGANIZATION AND CAPITAL STRUCTURE Que90
Issues relating to basis arise when a taxpayer is involved in a § 351
transaction. Describe the underlying rules, and the purpose they serve.
391. CHAPTER
4—CORPORATIONS: ORGANIZATION AND CAPITAL STRUCTURE Que91
How is the transfer of liabilities in a property transaction generally treated
for tax purposes? How is a transfer of liabilities generally treated in a § 351
transaction? What exceptions could arise to this usual treatment in a § 351
setting?
392. CHAPTER
4—CORPORATIONS: ORGANIZATION AND CAPITAL STRUCTURE Que92
When forming a corporation, a transferor-shareholder may choose to receive some
corporate debt along with stock. Identify some of the issues the transferor
must consider when deciding whether debt should be a part of the transaction.
393. CHAPTER 4—CORPORATIONS:
ORGANIZATION AND CAPITAL STRUCTURE Que93
What are the tax consequences if an individual investor incurs a loss on the
following:
a.
Stock that is not § 1244 stock.
b.
Stock that is § 1244 stock.
c.
Corporate bond.
d.
An uncollectible loan made to a corporation.
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