Tuesday, June 09, 2020 4:42:51 PM
and it is not in a capital gains tax category
ITEM 4
"Itronics (OTC: ITRO) is classified as a Section 1202, also known as the Small Business Stock Gains Exclusion company. This is a portion of the Internal Revenue Code (IRC) that allows capital gains from select small business stock to be excluded from federal tax. Section 1202 of the IRS Code only applies to qualified small business stock acquired after Sept. 27, 2010, that is held for more than five years."
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