The tax consequenses from receiving these funds

Assignment Help Accounting Basics

Reference no: EM13548457

1. Mega corporation negotiated with Jerry, trying to get him to transfer some land and a building (basis of 200,000 and FMV of 350,000), but Jerry refused. Instead he agreed to lease the property to the new corporation. Explain why this was very likely a provident move by Jerry.

2. Telsa Corporation received $400,000,000 from the state of Nevada to built a plant in that state. What are the Tax consequenses from receiving these funds?

Reference no: EM13548457

Questions Cloud

A hot air balloon has a volume : A hot air balloon has a volume of 2.00 × 103 m3 when fully inflated, and the air inside the balloon is always at atmospheric pressure of 1.01 × 105 Pa because of the large opening used to fill the balloon and heat the air inside it.

Explain what is the molarity of phosphate ion in the buffer : What is the pH of a buffer if 23 grams of sodium hydrogen phosphate and 10 g of sodium dihydrogen phosphate are added to 200 ml of distilled water. What is the molarity of phosphate ion in this buffer

What are the tax consequences of these transactions : What are the tax consequences of these transactions?

Determine what is the resonance frequency : A series RLC circuit is driven by a generator at frequency 1050 Hz. The inductance is 90mH; the capacitance is .5 micro falad; and the phase angle is 60 degrees. what is the resonance frequency

The tax consequenses from receiving these funds : Telsa Corporation received $400,000,000 from the state of Nevada to built a plant in that state. What are the Tax consequenses from receiving these funds?

Obtain the normal force the floor exerts on the ladder : a ladder of length l = 2.2 m and mass m = 14.0 kg rests on a floor with coefficient of static friction ?s = 0.53. what is the normal force the floor exerts on the ladder

Define phosphate buffer that has a ph : A flask contains 200 mL of 0.1M phosphate buffer that has a pH of 7.0. What volume of 0.1M NaOH should be added to increase the pH to 7.6

Calculate the average cpi for each machine : Calculate the average CPI for each machine, M1, and M2 and calculate the average MIPS ratings for each machine, M1 and M2.

Find the force constant and the total mechanical energy : A 0.157-kg particle undergoes simple harmonic motion along the horizontal x-axis between the points x1 = -0.253 m and x2 = 0.495 m. Find the force constant, k, and the total mechanical energy

User Account

All Pages