Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : G&K Investing for Curmudgeons -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (4278)	7/27/2000 9:43:54 AM
From: areokat	Respond to of 22706

Fits here just as well as the senior thread. cak To: the dodger who wrote (28981) From: Mike Buckley Thursday, Jul 27, 2000 9:04 AM ET Reply # of 28991 Dodger, You refuse to let a guy some sleep! :) 1. Are there any tax consequences to the future QCOM/Spinco transaction? It is being reported and published on the company's web site as a "tax-free distribution." In the Wall Street Radio interview Jacobs said this aspect of the spin-off has been in the hands of the IRS for months. Though they have not yet had the official ruling by the IRS, everything has gone smoothly so far and they expect it soon. 2. Is there a rule on this? ... my memory is starting to fail me Fortunately, this is one issue in which I have no memory problem. Instead, it's total ignorance. 3. Any idea where might I find "the rule" Yes. It's a simple document I'm surprised you don't have on your night stand for your bed-time reading considering that you get to sleep all you want. It's called the United States Tax Code. :) --Mike Buckley