 | 1988 - 540 lapas
...to pay for E's services. No gain or loss is recognized to C or D. E received compensation taxable as ordinary income to the extent of the fair market value of the 10 shares of stock received by him. (c) (l) The general rule of section 351 does not apply, and consequently... | |
 | 1989 - 568 lapas
...to pay for E's services. No gain or loss is recognized to C or D. E received compensation taxable as ordinary income to the extent of the fair market value of the 10 shares of stock received by him. (c) (1) The general rule of section 351 does not apply, and consequently... | |
 | United States. Internal Revenue Service - 1968 - 1034 lapas
...value is income under section 61 of the Code. Accordingly, in the instant case the taxpayer realized ordinary income, to the extent of the fair market value of the installment bonus obligation, in the year in which the lease was executed. However, if the installment... | |
 | 1968 - 268 lapas
...to pay for E's services. No gain or loss is recognized to C or D. E received compensation taxable as ordinary income to the extent of the fair market value of the 10 shares of stock received by him. (c) (1) The general rule of section 351 does not apply, and consequently... | |
 | United States. Congress. House. Committee on Ways and Means - 1978 - 190 lapas
...taxable as ordinary income if received by the creditor apart from the reorganization, would be treated as ordinary income to the extent of the fair market value of the item. Hearings, p. 2025 (1976). These questions are raised : (1) should there be non-recognition with... | |
 | Joseph R. Lanciano, Michael F. Farrell, Paul DeBole - 746 lapas
...CORPORATION'S STOCK When a shareholder performs services in exchange for stock, the shareholder must recognize ordinary income to the extent of the fair market value of the stock received. The shareholder's basis in the corporation will be equal to the amount of income recognized.... | |
 | CCH Tax Law Editors - 2008 - 2242 lapas
...to pay for E's services. No gain or loss is recognized to C or D. E received compensation taxable as ordinary income to the extent of the fair market value of the 10 shares of stock received by him. (c)(l) The general rule of section 351 does not apply, and consequently... | |
 | Edward C. Foth - 2007 - 426 lapas
...preferred stock for his services in connection with the organization of Networks Corporation. Al has ordinary income to the extent of the fair market value of the stock received. Multiple Choice Indicate the best answer for each of the following items. A, B, C,... | |
 | 1966 - 272 lapas
...to pay for E's services. No gain or loss is recognized to C or D. E received compensation taxable as ordinary income to the extent of the fair market value of the 10 shares of stock received by him. § 1.351-2 Receipt of property. (a) If an exchange would be within... | |
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... capital stock in payment for organizational and promotional services rendered by E for the benefit of the corporation. E transferred no property to the corporation. C and D were under no obligation to pay for E's services. No gain or loss is recognized... 
