Contributions of Property in Exchange for S Corporate Stock Are

Contributions of property in exchange for S corporate stock are nontaxable only if

A) On the date of exchange there is no real difference between the value of the property given and the stock taken back.
B) The persons involved in the transaction own at least 80 percent of the S corporation when the transfer is completed.
C) The S corporation is a not-for-profit organization.
D) Both the corporation and the persons involved in the transaction agree that the tax will not be recognized at this time and a copy of that agreement is filed with the corporation's tax return.