V2-SM_ch 04

V2-SM_ch 04 - CHAPTER 4 CORPORATIONS: ORGANIZATION AND...

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Unformatted text preview: CHAPTER 4 CORPORATIONS: ORGANIZATION AND CAPITAL STRUCTURE SOLUTIONS TO PROBLEM MATERIALS Status: Q/P Question/ Learning Present in Prior Problem Objective Topic Edition Edition 1 LO 1 Compare 351 and 1031 in terms of Unchanged 1 justification and effect 2 LO 1 Possible gain and/or loss recognition on Unchanged 2 a 351 transfer 3 LO 1 Stock issued for services New *4 LO 1 Taxation of boot received New 5 LO 1 Receipt of nonqualified preferred stock Modified 5 in exchange for property transferred to a controlled corporation 6 LO 1 Explain control requirement of 351; Unchanged 6 effect of specific situations on control requirement *7 LO 1 Incorporating an existing business Unchanged 7 8 LO 1, 2, 7 Types of consideration received in exchange Unchanged 8 for property; alternatives other than stock 9 LO 1 Charitable gift of stock shortly after 351 New exchange 10 LO 1 Shareholder who transfers property and Unchanged 10 services for stock as part of control group 11 LO 1 Transfers to an existing corporation Unchanged 11 12 LO 2 Effect of debt on basis of corporate stock Unchanged 12 in a 351 transfer 13 LO 2 Bona fide business purpose requirement in Unchanged 13 transfer of liabilities to a controlled corporation 14 LO 2 Rationale for 357(c) Unchanged 14 15 LO 3 Impact of various attributes on stock basis Unchanged 15 calculation 16 LO 3 When stock issued for services is Unchanged 16 deductible/not deductible 17 LO 3 Holding period rules for corporation and Unchanged 17 shareholder contrasted Instructor : For difficulty, timing, and assessment information about each item, see p. 4-4. 4-1 4-2 2011 Corporations Volume/Solutions Manual Status: Q/P Question/ Learning Present in Prior Problem Objective Topic Edition Edition 18 LO 4 Basis rules for property acquired from a Unchanged 18 shareholder and from a nonshareholder 19 LO 5 Advantages of utilizing debt in the Unchanged 19 capitalization of a corporation *20 LO 5 Relevant factors in reclassification of debt New as equity 21 LO 6 Tax treatment of worthless stock New 22 LO 6 Shareholder loan to corporation: business or Unchanged 22 nonbusiness bad debt? 23 LO 6 Tax treatment in selected situations where Unchanged 23 corporate stock has declined in value 24 LO 1, 7 Selection of assets to transfer to corporation Unchanged 24 25 LO 7 Selection of assets to transfer to corporation Unchanged 25 *26 LO 1, 3 Formation of corporation; gain or loss on New transfer; transfers of appreciated and built-in loss property, services, liabilities; basis computations *27 LO 1, 3 Formation of corporation; gain on transfer; Unchanged 27 basis of stock; basis of property 28 LO 1, 7 Formation of corporation with transfer of Unchanged 28 property from several shareholders at different times 29 LO 1 Transfer of property to a corporation after Unchanged 29 date of formation of corporation 30 LO 1 Transfers to existing corporation Unchanged 30 31 LO 1 Transfer of property to existing corporation Modified 31 *32...
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This note was uploaded on 11/13/2010 for the course BT 315 taught by Professor Smith during the Spring '10 term at Ohio State.

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V2-SM_ch 04 - CHAPTER 4 CORPORATIONS: ORGANIZATION AND...

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