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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan
NEOG 6.170+2.8%Oct 31 9:30 AM EDT
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To: Scott Ozer who wrote (425)7/24/2000 7:05:14 PM
From: Kramer  Read Replies (1) of 441
 
Yes, a 10% tax rate on neog as it qualifies under the following:

Noncorporate taxpayers are allowed a 50% exclusion under Section 1202(a) which provides for an exclusion of 50% gain on the disposition of qualified small business stock (QSBS) issued after August 10, 1993 and held over 5 years. See code section 1(h)(8).
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