SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : XLA or SCF from Mass. to Burmuda

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RockyBalboa who wrote (773)12/12/2000 7:11:11 AM
From: RockyBalboa  Read Replies (2) of 1116
 
In addition, The Board of Directors of Xcelera Inc. reiterated its intention to declare a special dividend to shareholders to address income taxes, if any, that may be due by a U.S. shareholder as a result of Xcelera's potential classification as a foreign personal holding company for the taxable year ending December 31, 2000. The Company expects that this potential classification would only apply for the current tax year. Xcelera intends to declare the dividend to shareholders of record on December 31, 2000 or on such other date deemed the record date for classification as a foreign personal holding company. If a special dividend is declared, it should represent approximately 40% of Xcelera's undistributed foreign personal holding company income for the year 2000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext