brionna246
29.08.2020 •
Business
True or false: Contributions of cash and property to a corporation in exchange for shares of the corporations stock can be tax deferred.
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Ответ:
True
Explanation:
According to the United States of America Code, under section 351, which basically deals with the transfer to a corporation controlled by the transferor, it is TRUE that contributions of cash and property to a corporation in exchange for shares of the corporation stock can be tax-deferred.
Hence, it can be concluded that the correct answer to this question is definitely TRUE.
Ответ: