NOT KNOWN FACTS ABOUT 357 CASH

Not known Facts About 357 cash

Summary- The provisions contained in IRC Sec 357 need to be carefully examined so that the non-taxable standing in the transfer of liabilities to some managed Company manufactured beneath Sec 351 will not be jeopardized. According to Sec 351, a transfer of property to a company in exchange for stocks won't bring about the recognition of any gain o

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