- Stock received from underwriters,
- Stock received for services,
- Property contributed of a relatively small value,
- Post-exchange transfers of stock, and
- Diversification rules for investment companies.
Although the flowchart addresses the assumption of liabilities as potentially being “boot,” it does not address which types of liabilities assumed are treated as boot under Code §357.
The flowchart is available for free here and a printable version of the flowchart can be found here.