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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Richard S. Gates who wrote (14845)6/2/1999 8:40:00 PM
From: Coz  Read Replies (1) | Respond to of 25548
 
You should probably speak with a tax attorney about your particular situation. It doesn't seem like there should be a tax penalty because you essentially own the same thing you owned before. The only thing that has happened is some of the properties have been split of into a separate company, but I don't know the answer to your question. --Coz



To: Richard S. Gates who wrote (14845)6/3/1999 10:48:00 AM
From: OFW  Read Replies (3) | Respond to of 25548
 
As Coz suggested check with your tax experts, but my understanding is that if you take any physical delivery of certificates from an IRA it is immediately deemed to be a withdrawal and you suffer the consequences that associate with that withdrawal.

Here are two SI threads where you might be able to present your question:

Subject 17266

Subject 5727

Offie


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