Qualified Stock Purchase – Section 351 (cont'd)
{"Image DocumentName": "Qualified Stock Purchase \u2013 Section 351 (cont\u2019d)", "Image ImageDescription": "Investor. Shareholder. 20% T Stock.   N Stock. N Stock. T. N. 80% T. Stock.   loan. N1. Bank. Facts: Shareholder contributes 20 percent of the T stock to N in exchange for N stock, and Investor contributes cash to N in exchange for N stock. N forms N1. N borrows money from Bank. Shareholder sells 80 percent of the T stock to N1 in exchange solely for cash. Issues: Is the acquisition by N1 of T stock a qualified stock purchase transactions? How is N\u2019s non-purchased stock treated?", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}