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Gold/Mining/Energy : Freeport McMoran (FCX)
FCX 41.17-1.3%Nov 3 3:59 PM EST

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To: XOsDaWAY2GO who wrote (6)4/11/1998 8:52:00 AM
From: Lynn  Read Replies (1) of 141
 
I'd like to know, too. Going with this, when we sell these spin-offs, do we pay capital gains on the entire amount of the sale [e.g: sell 12 shares for a total of $320 and pay tax on the $320 using a cost basis of zero]?

Lynn
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