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Treasury Stock tax question
Posted on 4/12/18 at 8:11 pm
Posted on 4/12/18 at 8:11 pm
What are the tax consequences to dispersing treasury stock in a corporation amongst all owners?
For example:
3 owners at 25% each common stock
1 owner was bought out years ago and company bought his stock back which turns into treasury stock.
3 owners disperse treasury stock amongst themselves equally.
Does anyone know how this is taxed?
For example:
3 owners at 25% each common stock
1 owner was bought out years ago and company bought his stock back which turns into treasury stock.
3 owners disperse treasury stock amongst themselves equally.
Does anyone know how this is taxed?
3
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