Contribution of Property to a Corporation – Sections 351 ...

Deferred tax liability 0 1,505,030 Common stock 10,573,440 15,000,000 $11,373,440 $17,305,030 5. What is the present value of Wilpepper’s deferred tax liability? (Assume a discount rate of 4.7%) Wilpepper’s deferred tax liability with respect to each asset is summarized below: ................
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