Planning Around Excess Basis in Corporate Formation Transfers
Tax Notes Federal, Vol. 176, N. 8, P. 1209, 2022
12 Pages Posted: 28 Sep 2022
Date Written: August 22, 2022
In this article, McCoskey and Narotzki explain why the basis rules under section 358 require tweaking when, in exchange for stock, a transferor of property also receives an installment note with excess basis.
Keywords: Federal Tax, Corporate Tax, Tax Planning, Tax Policy
JEL Classification: K00, K1, K34
Suggested Citation: Suggested Citation