Once a corporation is formed, an exchange of the corporation's stock for property is always a nontaxable event.

Name: Once a corporation is formed, an exchange of the corporation's stock for property is always a nontaxable event.
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An exchange of a corporation's stock for property is not always a nontaxable event. It may be taxable depending on the circumstances, such as if the exchange results in a gain or loss to the parties involved.

Once a Corporation Is Formed, an Exchange of the Corporation's