CPAnet Forum: HELP! Tax Question...

Active Topics

Memberlist

Help

Accounting. Audit and Tax
CPAnet Forum : Accounting. Audit and Tax

Topic: HELP! Tax Question... (

Topic Closed)

Author

Message

<< Prev Topic | Next Topic >>

thebuilder2008
Newbie
Newbie

Joined: 05 Apr 2011
Online Status: Offline
Posts: 1

Posted: 05 Apr 2011 at 13:49 \| IP Logged

Hey all,

I have a quick tax question. If a corporation distributes appreciated property
to a 50% shareholder, would this be taxed to the shareholder as a dividend
or a long term capital gain? I know that the corporation would be taxed as a
LTCG on the difference of the FMV and Basis.

Thanks!

Search for other posts by thebuilder2008

Sorry, you can NOT post a reply.
This topic is closed.

Printable version

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum