Purchase of corporate stock


Assignment:

A taxpayer is forming a new corporation and has $500,000 to invest in her company. Following the advice of her tax consultant, the taxpayer designated $300,000 for the purchase of corporate stock and $200,000 as a loan to the corporation. Comment on this tax plan.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include  references.

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Accounting Basics: Purchase of corporate stock
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