Why Would a Transferor Want to Avoid the Nonrecognition of Gain

question 43

Essay

Why would a transferor want to avoid the nonrecognition of gain under Sec. 351? How can the nonrecognition provision of Sec. 351 be avoided?

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Definitions:

Main Contribution

The most significant impact or innovation provided by an individual, organization, or theory within a particular field or area of study.

Chivalry Hypothesis

The argument that women and girls accused of criminal activity are treated more leniently by law enforcement officials as a result of the latter’s traditional, chivalrous attitude toward women.

Women's Crime

Criminal acts committed by women, an area of study that examines the patterns, causes, and social impacts of female criminal behavior.

Anomie

A state or condition of society characterized by a breakdown or absence of social norms and values, leading to alienation and disorientation.