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Non-Tech : Tyco International Limited (TYC)
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To: GVTucker who wrote (2597)1/24/2002 3:15:03 PM
From: Larry S.  Read Replies (2) of 3770
 
"incur a capital gains tax as a result of the spinoffs" - I don't believe that is correct. The spin-offs should be tax-free, the original cost basis would be divided amongst the spin-offs. Thats the way it usually works. larry
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