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Why would a transferor want to avoid the nonrecognition of gain under Sec. 351? How can the nonrecognition provision of Sec. 351 be avoided?
Activities
Actions or tasks performed by individuals or groups, often with a specific objective or purpose in mind.
Unrelated Business Income
Income generated from activities that are not directly related to an organization's primary mission, of particular concern for nonprofits maintaining tax-exempt status.
Forms 990
The IRS forms required to be filed by nonprofit organizations in the United States, providing the public with financial information about the nonprofit's operations.
Sarbanes-Oxley Act
A United States federal law that sets new or expanded requirements for all U.S. public company boards, management, and public accounting firms.
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