RE: Is dividend shares taxable?Yenom99: "not until you sell them."
only partially true: it depends on how the company structures the spinoff.
I have received share dividends in the form of spinoffs which were not taxable until sold (deemed acquisition value of "0"), and I have had other share dividends which were taxable upon issuance (at a "deemed" value, even if the new shares did not yet (or ever) trade).