Tax Consequences of a Type B Reorganization. Trent Corporation
Solution
a)
b)
c)
Adams basis for 2000 stock $425000 is the basis,
d)
There is no change in \"a\"
b)
c) Same , no change,
Adams basis for 2000 stock $425000 is the basis,
.
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
Tax Consequences of a Type B Reorganization- Trent CorporationSolution.docx
1. Tax Consequences of a Type B Reorganization. Trent Corporation
Solution
a)
b)
c)
Adams basis for 2000 stock $425000 is the basis,
d)
There is no change in "a"
b)
c) Same , no change,
Adams basis for 2000 stock $425000 is the basis,
Juan Miguel
Existing Co
Share value total 125000 300000
no of Shares 1000 1000
Price of Share 125 300
Exchange Co:
excchange shares 2500 2500
FMV 100 100
Total value 250000 250000
Gain/Loss 125000 -50000