If a Controlling Shareholder Sells Depreciable Property to a Controlled

question 26

True/False

If a controlling shareholder sells depreciable property to a controlled corporation and the property is depreciable by the purchaser, any gain on the sale is a 1231 gain.

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Definitions:

Skinner

B.F. Skinner, an American psychologist and behaviorist known for his work in developing the theory of operant conditioning, which involves learning through rewards and punishments.

Method

A systematic way of doing something, often involving a detailed and established procedure or technique.

Industrial and Organizational Psychologists

Psychologists who apply psychological theories and principles to organizations and the workplace to solve problems and improve the quality of work life.

Productivity

A measure of the efficiency of a person, machine, system, etc., in converting inputs into useful outputs.