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    Taxation of Individuals
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    Exam 19: Corporate Formation, Reorganization, and Liquidation
  5. Question
    Gain and Loss Realized in a §351 Transaction Will Be
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Gain and Loss Realized in a §351 Transaction Will Be

Question 113

Question 113

True/False

Gain and loss realized in a §351 transaction will be recognized if the taxpayer receives boot in the exchange.

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