IRS Information Letter: Transfer of Stock for Services Provided Discussed (IRC §83)

General information on the application of tax code Section 83 provided by the IRS in response to an inquiry regarding the tax consequences of issuing stock to a service provider in exchange for services rendered. Section 83 provides rules for the taxation of property transferred to an employee or independent contractor in connection with the performance of services by such employee or independent contractor, the IRS explained. [IRS Info. Letter 2018-0036 (Dec. 28, 2018)]

Reference:
View Source Document.