Lehman Brothers Financial SA (LEHNQ)

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Easy! ..Dealing with Section 357 simply means structuring transfers so liabilities never exceed the tax basis of the assets at the moment they’re moved. In practice, that’s done by pairing liabilities with higher-basis assets, adjusting structure before the transfer, and sequencing internal reorganizations carefully so no taxable gain is triggered under 357(c), keeping the entire process tax-neutral and preserving value.