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A Shareholder's Holding Period for Stock Received Under § 351

question 97

True/False

A shareholder's holding period for stock received under § 351 can include the holding period of the property transferred to the corporation.


Definitions:

Truth-functional Compound

A compound statement whose truth value is determined by the truth values of its components.

Atomic Open Sentence

A basic, unquantified statement that contains variables and can be true or false depending on the values of these variables.

Compound

Consisting of two or more elements that are combined in a specific way.

Atomic

Relates to atoms, the smallest constituent units of ordinary matter, or denotes something basic and indivisible in a particular context.

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