A taxpayer's tax basis in property always begins with its cost to the taxpayer. Question 32 options:

A taxpayer's tax basis in property always begins with its cost to the taxpayer.Question 32 options:a)Trueb)FalseSaveQuestion 33 (6 points)Control as it relates to a section 351 transaction is strictly defined to be 80 percent or more of the voting power of the stock of the corporation to which property is transferred.Question 33 options:a)Trueb)False