REVENUE,TAXATION,CODE,DIVISION 2,TAXES,HEADING,PART 11,CORPORATION TAX,LAW,CHAPTER 15,GAIN,LOSS,DISPOSITION,PROPERTY,ARTICLE,SPECIAL,RULES,BASIS,THE CASE,THE PROPERTY,ACQUIRED,CORPORATION,PERIOD,AFFILIATION,SHALL,DETERMINED,ACCORDANCE,REGULATIONS,THE FRANCHISE,TAX,BOARD,TRANSACTIONS,RESPECT,CASE,INCOME,RETURN,CHAPTER,SECTION,THE FEDERAL,REVENUE ACT OF 1928,REVENUE ACT OF 1932,REVENUE ACT OF 1934,REVENUE ACT OF 1936,SUBJECT TO,TAX IMPOSED,ACT OF,FEBRUARY 28,BEGINNING,JANUARY 1,OR 9,OR 8,C,TRANSACTION,BANK,OR 250,STOCK,RIGHTS,MARCH 1,LESS THAN,FAIR MARKET VALUE,AS OF,DETERMINING,THE ASSETS,THE CORPORATION,DATE,TAXPAYER,RECEIPT,AFTER JANUARY,THE BUSINESS,PROPERTY OF,EXERCISED,CONTROL,MEANING,ACTUALLY,TAKEN,ACCOUNT,COMPUTATION,BUSINESS,AS IT,THE HANDS,SHARE OF STOCK,SECTION 303,NATIONAL,MORTGAGE,ASSOCIATION,CHARTER,12 U S C,SHARE,INITIAL,HOLDER,AMOUNT,EQUAL TO,THE CAPITAL,CONTRIBUTIONS,EVIDENCED,REDUCED,WITH RESPECT TO,ORDINARY,NECESSARY,PAID,CARRYING ON,TRADE,EXTRAORDINARY,DIVIDEND,INTERNAL REVENUE CODE,EXCEPT,SECTION B,REDUCTION,REFERENCE,SECTION 301,SUBDIVISION,EFFECTIVE,SEPTEMBER 26,TAXPAYERS,INVENTORY,COST,IMPORTED,RELATED,PERSONS,APPLY,OCTOBER 6,CERTAIN,ASSET,ACQUISITIONS,