El Assi said: Redeem
is proud of its world-beating experience in the field of mobile phone recommerce and recycling.
IN CASES INVOLVING DIVORCING SPOUSES WHO OWN closely held corporations, the courts have had conflicting opinions about the tax consequences to the spouses if the corporation, or one spouse, redeems
the other's stock.
Under sections 351(g)(2)(A)(ii) and (iii), preferred stock is NQPS if the issuer or a related person is either required or has the right but not the obligation to redeem
or purchase the stock, and, as of the issue date, it is more likely than not that such right will be exercised.
B's stock subsequent to the property division by giving him a note in payment.
Arguably, even if the funds used to redeem
T's 75% stock interest were borrowed by T, the COI requirement would be satisfied if T used its own funds to repay the debt.
HHonors members can redeem
points for rentals and tour packages from EagleRider, or redeem
points for lift tickets at nine of Intrawest's mountain resorts in the U.
This might be achieved if the spouses simply agreed that the corporation would redeem
one spouse's stock in a complete termination under Sec.
Assume that Basic will redeem
300 shares from Bert.
The IRS noted that although the FHLB had discretion regarding whether to redeem
the member's stock, it had established a policy to honor all redemption requests.
303, distributions in redemption of stock to pay death taxes, allows an estate that owns stock or beneficiaries who inherit stock to redeem
shares with minimal (if any) income tax ramifications; such a transaction may be necessary to generate cash to pay certain death taxes and estate expenses.
such unconverted Convertible Notes solely with cash from Elan's consummated senior notes offering.
The number of repurchased shares may decrease if employees redeem
their options, which would increase the total redemption price.