### Question
How does Procedure and Administration define taxable acquisition?


### Answer
Under *26 U.S.C. § 6043A*, **taxable acquisition** is defined as:

> any acquisition by a corporation of stock in or property of another corporation if any shareholder of the acquired corporation is required to recognize gain (if any) as a result of such acquisition

#### Citation:
  - *26 U.S.C. § 6043A*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 61-INFORMATION AND RETURNS > Subchapter A-Returns and Records > PART III-INFORMATION RETURNS > Subpart B-Information Concerning Transactions With Other Persons**

