United States IRC sections
Statute section
IRC section 351
Transfer to corporation controlled by transferor
Country
United States
Section
351
Updated
2026-05-20
Operative text
Section 351 generally provides nonrecognition treatment when one or more persons transfer property to a corporation solely in exchange for stock, and the transferors are in control (at least 80 percent) of the corporation immediately after the exchange. Boot in addition to stock can trigger partial recognition.
Cross-references
26 U.S.C. 35826 U.S.C. 368
Related guides
Related citations
Computed from the cross-reference graph. Links open the related entity on this site.
This entry cites
- StatuteIRC §368
Primary sources
- 26 U.S.C. section 351Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.