How to Calculate Transferor's Basis-- Section 351 (U.S. Corporate Tax)
This video explains how to calculate the transferor's basis in the stock received in a Section 351 transaction. The formula is as follows:
Adjusted basis of property transferred
Plus: any gain recognized
Minus: fair market value of boot received
Minus: cash received from the corporation
Minus: liabilities assumed by the corporation
Equals: transferor's adjusted basis in the stock received-
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Пікірлер: 14
You are single-handedly making me understand U.S. CIT. I cannot thank you enough.
@Edspira
Жыл бұрын
I'm so glad you're finding the videos helpful!
This guy is awesome. Material is exactly what I am learning in Corporate Tax in college but he explains it much better. Highly suggest checking out his other videos.
@Edspira
6 жыл бұрын
Nathan, Thanks so much for your support, and good luck in Corporate Tax!
Thank you so much for these videos! I was literally in tears trying to understand this in my textbook. You've presented it so clearly. Really appreciate it!
Great video really helps for ea exam. Taking last part soon part 2 businesses. Thanks.
god bless you!!! this is what's saving my semester :)
@Edspira
6 жыл бұрын
Thanks Laura. Good luck in your tax class!
Thank you for all the Coprs videos
you save my exam.. such a helpful video. thanks
@Edspira
6 жыл бұрын
Glad to hear this. Best of luck to you in your studies!
Thanks for the video. What are examples where the adjusted basis of a shareholder can increase aside from the original transfer of property?
Thanks!
@Edspira
Жыл бұрын
Thanks for the support!