2 . An undervalued international exchange of appreciated property should show a larger gain .
3 . Sales through export operations were underreported and revenue is understated .
4 . The transfer of intangible property for stock was undervalued and results in a larger gain .
5 . Investments made to another country were done through a subsidiary and not a branch and are taxable as such .
Using the Internet or Strayer databases , research the rules regarding the above types of transactions .
Write a one to two ( 1-2 ) page paper in which you :
1 . Respond to the assertions by the IRS and counter those assertions with your own . Provide support for the rationale used in the response .
2 . Make a convincing argument that the information / documentation your client possesses justifies and supports the client ’ s claim . Provide supporting evidence for your argument .
3 . Use at least two ( 2 ) quality resources in this assignment . Note : Wikipedia and similar Websites do not qualify as quality resources .
Your assignment must follow these formatting requirements :
· Be typed , double spaced , using Times New Roman font ( size 12 ), with one-inch margins on all sides ; citations and references must follow APA or school-specific format . Check with your professor for any additional instructions .