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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: David Bogdanoff who wrote (631)3/5/1999 2:24:00 PM
From: Leroyt  Read Replies (1) | Respond to of 1652
 
David,

I am quite certain it is NOT taxable. One reason for this split is for long-term shareholders getting to divide up the stock for gifts without exceeding the $10k gift limit. For that purpose, it makes no sense for the conversion to be taxable.

later, leroyt