SlideShare a Scribd company logo
1 of 1
Download to read offline
How do you determine basis in a corporation?
How do you determine basis in a corporation?
Solution
In a corporation basis is determined in the following order
1. Increased for income items and excess depletion
2. Decreased for distributions
3. Decreased for non deductible , non capital expenses and depletion and
4. Decreases for items of loss and deductionb

More Related Content

More from amitbagga0808

This is Function Class public abstract class Function {    .pdf
This is Function Class public abstract class Function {    .pdfThis is Function Class public abstract class Function {    .pdf
This is Function Class public abstract class Function {    .pdf
amitbagga0808
 
What factors are likely to be involved in setting the limit to how lo.pdf
What factors are likely to be involved in setting the limit to how lo.pdfWhat factors are likely to be involved in setting the limit to how lo.pdf
What factors are likely to be involved in setting the limit to how lo.pdf
amitbagga0808
 
What are histones and their role in regulating transcription. .pdf
What are histones and their role in regulating transcription. .pdfWhat are histones and their role in regulating transcription. .pdf
What are histones and their role in regulating transcription. .pdf
amitbagga0808
 
Program In C You are required to write an interactive C program that.pdf
Program In C You are required to write an interactive C program that.pdfProgram In C You are required to write an interactive C program that.pdf
Program In C You are required to write an interactive C program that.pdf
amitbagga0808
 
Not sure how to do this case analysis please help me do it!1.Are t.pdf
Not sure how to do this case analysis please help me do it!1.Are t.pdfNot sure how to do this case analysis please help me do it!1.Are t.pdf
Not sure how to do this case analysis please help me do it!1.Are t.pdf
amitbagga0808
 
i need a summary book report on thw Iwoby richard wheelerSolut.pdf
i need a summary book report on thw Iwoby richard wheelerSolut.pdfi need a summary book report on thw Iwoby richard wheelerSolut.pdf
i need a summary book report on thw Iwoby richard wheelerSolut.pdf
amitbagga0808
 
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdfImagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
amitbagga0808
 
How have your genes and enviornment interacted to produce the temper.pdf
How have your genes and enviornment interacted to produce the temper.pdfHow have your genes and enviornment interacted to produce the temper.pdf
How have your genes and enviornment interacted to produce the temper.pdf
amitbagga0808
 
multiple choice choose right answer1. After you study a populatio.pdf
multiple choice choose right answer1. After you study a populatio.pdfmultiple choice choose right answer1. After you study a populatio.pdf
multiple choice choose right answer1. After you study a populatio.pdf
amitbagga0808
 
I really need help on this question.Create a program that allows t.pdf
I really need help on this question.Create a program that allows t.pdfI really need help on this question.Create a program that allows t.pdf
I really need help on this question.Create a program that allows t.pdf
amitbagga0808
 
1. apply concept to a current economy2. what did thailand have bef.pdf
1. apply concept to a current economy2. what did thailand have bef.pdf1. apply concept to a current economy2. what did thailand have bef.pdf
1. apply concept to a current economy2. what did thailand have bef.pdf
amitbagga0808
 

More from amitbagga0808 (20)

Why is it an advantage for the epiglottis to fit over the trachea.pdf
Why is it an advantage for the epiglottis to fit over the trachea.pdfWhy is it an advantage for the epiglottis to fit over the trachea.pdf
Why is it an advantage for the epiglottis to fit over the trachea.pdf
 
This is Function Class public abstract class Function {    .pdf
This is Function Class public abstract class Function {    .pdfThis is Function Class public abstract class Function {    .pdf
This is Function Class public abstract class Function {    .pdf
 
What factors are likely to be involved in setting the limit to how lo.pdf
What factors are likely to be involved in setting the limit to how lo.pdfWhat factors are likely to be involved in setting the limit to how lo.pdf
What factors are likely to be involved in setting the limit to how lo.pdf
 
What is alternative splicing What is the difference between mRNA sp.pdf
What is alternative splicing What is the difference between mRNA sp.pdfWhat is alternative splicing What is the difference between mRNA sp.pdf
What is alternative splicing What is the difference between mRNA sp.pdf
 
What are histones and their role in regulating transcription. .pdf
What are histones and their role in regulating transcription. .pdfWhat are histones and their role in regulating transcription. .pdf
What are histones and their role in regulating transcription. .pdf
 
What are the cellular differences between fungi and protistsSol.pdf
What are the cellular differences between fungi and protistsSol.pdfWhat are the cellular differences between fungi and protistsSol.pdf
What are the cellular differences between fungi and protistsSol.pdf
 
on the basis of the above data, list the media in order according to.pdf
on the basis of the above data, list the media in order according to.pdfon the basis of the above data, list the media in order according to.pdf
on the basis of the above data, list the media in order according to.pdf
 
Program In C You are required to write an interactive C program that.pdf
Program In C You are required to write an interactive C program that.pdfProgram In C You are required to write an interactive C program that.pdf
Program In C You are required to write an interactive C program that.pdf
 
Prove that is L is regular and h is a homomorphism, then h(L) is.pdf
Prove that is L is regular and h is a homomorphism, then h(L) is.pdfProve that is L is regular and h is a homomorphism, then h(L) is.pdf
Prove that is L is regular and h is a homomorphism, then h(L) is.pdf
 
Not sure how to do this case analysis please help me do it!1.Are t.pdf
Not sure how to do this case analysis please help me do it!1.Are t.pdfNot sure how to do this case analysis please help me do it!1.Are t.pdf
Not sure how to do this case analysis please help me do it!1.Are t.pdf
 
In each of the following situations, data are obtained by conducting .pdf
In each of the following situations, data are obtained by conducting .pdfIn each of the following situations, data are obtained by conducting .pdf
In each of the following situations, data are obtained by conducting .pdf
 
i need a summary book report on thw Iwoby richard wheelerSolut.pdf
i need a summary book report on thw Iwoby richard wheelerSolut.pdfi need a summary book report on thw Iwoby richard wheelerSolut.pdf
i need a summary book report on thw Iwoby richard wheelerSolut.pdf
 
18 Alicia climbs into the passenger side of her boyfriend Bos car. .pdf
18 Alicia climbs into the passenger side of her boyfriend Bos car. .pdf18 Alicia climbs into the passenger side of her boyfriend Bos car. .pdf
18 Alicia climbs into the passenger side of her boyfriend Bos car. .pdf
 
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdfImagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
Imagine a scientist finds the fossils of an extinct Ichthyosaur and .pdf
 
How have your genes and enviornment interacted to produce the temper.pdf
How have your genes and enviornment interacted to produce the temper.pdfHow have your genes and enviornment interacted to produce the temper.pdf
How have your genes and enviornment interacted to produce the temper.pdf
 
multiple choice choose right answer1. After you study a populatio.pdf
multiple choice choose right answer1. After you study a populatio.pdfmultiple choice choose right answer1. After you study a populatio.pdf
multiple choice choose right answer1. After you study a populatio.pdf
 
I really need help on this question.Create a program that allows t.pdf
I really need help on this question.Create a program that allows t.pdfI really need help on this question.Create a program that allows t.pdf
I really need help on this question.Create a program that allows t.pdf
 
Discuss the difference between analog and digital systems and give s.pdf
Discuss the difference between analog and digital systems and give s.pdfDiscuss the difference between analog and digital systems and give s.pdf
Discuss the difference between analog and digital systems and give s.pdf
 
1. apply concept to a current economy2. what did thailand have bef.pdf
1. apply concept to a current economy2. what did thailand have bef.pdf1. apply concept to a current economy2. what did thailand have bef.pdf
1. apply concept to a current economy2. what did thailand have bef.pdf
 
Formatting and code conversion occurs in the ________ layer of the O.pdf
Formatting and code conversion occurs in the ________ layer of the O.pdfFormatting and code conversion occurs in the ________ layer of the O.pdf
Formatting and code conversion occurs in the ________ layer of the O.pdf
 

Recently uploaded

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
PECB
 

Recently uploaded (20)

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
Ecological Succession. ( ECOSYSTEM, B. Pharmacy, 1st Year, Sem-II, Environmen...
 
PROCESS RECORDING FORMAT.docx
PROCESS      RECORDING        FORMAT.docxPROCESS      RECORDING        FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 

How do you determine basis in a corporation How do you .pdf

  • 1. How do you determine basis in a corporation? How do you determine basis in a corporation? Solution In a corporation basis is determined in the following order 1. Increased for income items and excess depletion 2. Decreased for distributions 3. Decreased for non deductible , non capital expenses and depletion and 4. Decreases for items of loss and deductionb