A divestiture, or spinning-off, of a subsidiary company from a parent company in which the profits made by the parent company from the sale of subsidiary company stock are taxable as capital gains. Spinoffs can be made tax-free by transferring stock to new owners rather than selling directly.
Related information about taxable spinoff:
- Taxable Spinoff Definition | Investopedia
A divestiture of a subsidiary or division by a publicly traded company, which will be subject to capital gains taxation. The subsidiary will become completely ...
- Taxable Spinoff Definition & Example | InvestingAnswers
We explain the definition of Taxable Spinoff, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- What is taxable spinoff? definition and meaning
Definition of taxable spinoff: A divestiture, or spinning-off, of a subsidiary company from a parent company in which the profits made by the parent company from ...
- What is spinoff? definition and meaning
Mentioned in these terms. taxable spinoff · partial spinoff. Browse by Letter: #ABC DEFGHIJKLMNOPQRSTUVWXYZ. Resources. Browse by subject · Tips ...
- Sears Weighing Rare Taxable Spin-Off - The CFO Report - WSJ
May 17, 2012 ... Sears Holdings continued to pull an assortment of financial levers to offset deteriorating sales and earnings during its fiscal first quarter, and on ...
- Cost Basis - Spinoffs
You will also know it was a taxable spinoff if you see dividend income reported on your year-end Form 1099 as of the date of the spinoff. Be careful to note that ...
- Sample Cases Sent in by Users
Taxable spinoff of 428.571429 shares in new Digimarc with fair market value of ... The date acquired (for column b) for a taxable spinoff is the date of the spinoff, ...
- ICLUBcentral - Transactions
... followed by a reverse stock split 05/27/2009 - Harris Corporation [HRS] and Harris Stratex Corporation [HSTX] Taxable spinoff 06/30/2009 - Myriad Genetics ...