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Real McCoy

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Real McCoy

Re: Sorhay86 post# 105925

Tuesday, 07/21/2020 8:23:43 AM

Tuesday, July 21, 2020 8:23:43 AM

Post# of 145213
This is nowhere.

The article states that it is possible to structure a stock purchase as an asset sale to enjoy the step up in basis for the assets being purchased, not that you may incorrectly report the consideration paid for said stock or assets, as elected.

4.34M was the consideration here, it closed and was distributed, and nothing has been heard from the shell since (and never will).
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