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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (124453)1/9/2001 12:01:51 PM
From: Mary Cluney  Read Replies (1) | Respond to of 186894
 
GVTucker,<<<stock deals are better for sellers since cash creates an immediate tax hit that cannot be planned. Intel usually pays cash not stock - I'm sure there must be a good reason.

I was assuming that the ServerWorks shareholders were insisting on a stock deal for the very reason you outline. >>>

Isn't the tax for cash the same as for stock? Don't you have to pay tax on the value of the stock on the day of transaction closing?

Mary