If the liabilities the corporation assumes are more than your adjusted basis in the property you transfer, gain is recognized up to the difference. However, if the liabilities assumed give rise to a deduction when paid, such as a trade account payable or interest, no gain is recognized.
Because Aruba was once a Dutch state of sovereignty, the island's official language is Dutch. No need to arrange a translator, however, because both English and Spanish are widely spoken.aps. Papiamento, a wild combination of Dutch, English, French, Portuguese and Spanish, is the language originated in the trio of islands called the ABC islands. This language reflects their open-armed acceptance of other cultures.
Image: Wikimedia Commons. What it is: Java is a class-based, object-oriented programming language developed by Sun Microsystems in the 1990s. It's one of the most in-demand programming languages, a standard for enterprise software, web-based content, games and mobile apps, as well as the Android operating system.mage: Wikimedia Commons. What it is: Objective-C is a general-purpose, object-oriented programming language used by the Apple operating system. It powers Apple's OS X and iOS, as well as its APIs, and can be used to create iPhone apps, which has generated a huge demand for this once-outmoded programming language.