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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (694)2/10/1999 7:51:00 PM
From: DSPetry  Read Replies (1) | Respond to of 1383
 
Colin,
Question for you...
SOWK announced a 4-1 stock dividend today
biz.yahoo.com

Since the additional shares are a dividend and not a split, even though the affect on the stock price/total shares should be the same as a split, would the dividend shares be taxable as dividend income, just as if the dividend were to be paid in cash?

Thanks in Advance,
Dave