26 USC 1036 - Stock for stock of same corporation

U.S Code last checked for updates: Nov 22, 2024

§ 1036.

Stock for stock of same corporation

(a)

General rule

(b)

Nonqualified preferred stock not treated as stock

(c)

Cross references

(1)

For rules relating to recognition of gain or loss where an exchange is not solely in kind, see subsections (b) and (c) of section 1031.

(2)

For rules relating to the basis of property acquired in an exchange described in subsection (a), see subsection (d) of section 1031.

(Aug. 16, 1954, ch. 736, 68A Stat. 309; Pub. L. 105–34, title X, § 1014(e)(3), Aug. 5, 1997, 111 Stat. 921.)

cite as: 26 USC 1036