Hudson's Bay Co. HBAYF

RE:Tax treatment

[Maxmoe]

It's not a redemption, it's a takeover. I don't see a deemed dividend, but I'm no tax expert. Looks more like a capital gain within hbc on real estate sale and capital gain for me when I sell or tender my shares to a higher offer. Sadly, I own a few oil stocks to reduce my taxable gain. It's always better to have a taxable gain than a tax shelter.