The courts may be more likely to apply the reasonable-probability-of-receipt theory to disallow the increased charitable deduction when the charity's interest is redeemed
at a much lower rate than the value established for gift tax purposes on audit.
One in three people with Air Miles also admitted they had never redeemed
Held through DTC, the series K depositary shares will be redeemed
in accordance with the procedures of DTC.
2006-30, (26) the Service announced the withdrawal of proposed regulations (27) providing guidance on the treatment of the basis of redeemed
stock when a redemption is treated as a dividend under Sec.
Four credits can be redeemed
for 4,000 Mileage Plus miles or a Hyatt $100 Off two-night stay certificate; eight credits are worth 8,000 bonus miles or two 500-mile upgrades; and so on, up to 32 credits which are redeemable for 90,000 bonus miles or a free business-class international ticket.
In 1988, Moriah redeemed
Joann's stock; she reported a capital gain on her 1988 tax return.
All shares of series F stock are held in book-entry form and will be redeemed
on a pro rata basis from the shareholders of record.
All 14,583,603 Series I Depositary Shares outstanding will be redeemed
on July 2, 2018 for an aggregate redemption price of USD 364,590,075.
301(c)(2), if the distribution exceeds E&P, it is a return of capital up to the shareholder's basis in the redeemed
Seagram, by receiving warrants (which satisfied both tests) equal to the number of shares redeemed
was deemed to still own 164.2 million shares.
On the redemption date of 27 March 2019, the company plans to redeem USD1bn aggregate principal amount of 3.100% senior notes due 2020 at a make-whole redemption price, plus its accrued and unpaid interest to be redeemed
from the last interest payment date of 15 March 2019, to, but not including, 27 March 2019.