In determining control for purposes of this section, the fact that any corporate transferor distributes part or all of the stock in the corporation which it receives in the exchange to its shareholders shall not be …

Where is area code 351? Area code 351 is located in northeastern Massachusetts and covers Lowell, Lawrence, Haverhill, and Peabody. It is an overlay for area code 978 and serves the same area.

Feb 10, 2025 · What is Section 351? Under IRC Section 351, when a person transfers property to a corporation in exchange for stock, the transfer is tax-deferred, meaning no immediate gain or loss is …

Mar 28, 2025 · Learn how 26 USC 351 governs tax-deferred property transfers to corporations, including control requirements, stock issuance, and exceptions.

"Section 351 has been described as a deliberate attempt by Congress to facilitate the incorporation of ongoing businesses and to eliminate any technical constructions which are economically unsound."

Sep 19, 2024 · A Section 351 transfer is a provision in the U.S. tax code that allows individuals or entities to transfer property to a corporation without recognizing gain or loss at the time of transfer, as …

Dec 8, 2025 · Review Code Section 351 of the Internal Revenue Code on Tax Notes. Understand 351 requirements—determining treatment of transfers to controlled corporations.

Aug 31, 2003 · Find 351 area code details including city, time zone, and map. Lookup area code 351 phone number, name, and location.

Jan 1, 2024 · (1) Transfer of property to an investment company. --A transfer of property to an investment company. For purposes of the preceding sentence, the determination of whether a …

Aug 18, 2025 · IRC Section 351 allows you to transfer property to a corporation in exchange for stock without recognizing gain or loss immediately. This preserves cash for reinvestment, making it a key …