This web log was originally created as a repository for trivial and insignificant things that I stumble upon. So in keeping with that principle, I'm going to start throwing up things that I am covering in class. This may help me recall important code topics down the road.
In corp tax we covered the control requirements under §351 for deferring losses and gains upon incorporation. There are three important factors that come into play when you want to defer the loss or gain. Here's an overview:
