effects on shareholders and security holders
§ 1.356-5 Transactions involving gift or compensation.
26 C.F.R. Part 1 — Income Taxes · 2026 edition · updated 2026-10-04 · United States
With respect to transactions described in sections 354, 355, or 356, but which—
(a) Result in a gift, see section 2501 and following, and the regulations pertaining thereto, or
(b) Have the effect of the payment of compensation, see section 61(a)(1), and the regulations pertaining thereto.
Get a plain-English answer with a citation back to this text.
Ask AI about this code