OTCPK:VREYD - Post by User
Post by
Robinbrookon Aug 20, 2009 10:29am
610 Views
Post# 16233986
Taxable event?
Taxable event?When tog shares are converted to pbn shares on Oct 1st, will this be considered taxable? One paid $13.31 for tog but gets a value of 14.75 in pbn shares. If one gets all pbn shares is the difference of $1.44 per share taxed as a cap gain even if the cash isn't received?
Thanks