InvestorsHub Logo
Followers 176
Posts 6753
Boards Moderated 0
Alias Born 12/26/2012

Re: SamuraiProgrammer post# 646281

Tuesday, 01/19/2021 8:15:08 AM

Tuesday, January 19, 2021 8:15:08 AM

Post# of 729880
~ Sam This 01/15/2021 "release dated" PLR Is A Clean Up Of "State" Taxing Actions IMO' ~

This obviously is referring to a "Consolidated Taxation Filer", WMI = OLDCO and the numerous listing of original subsidiaries ... in preparation for the reorganized WMI, "WMIH" to properly move forward' ...

One example would be; ... "Washington Mutual Life Insurance Company of California, a Stock Insurer California Washington Mutual Mortgage Securities Corp. Delaware Company Name Jurisdiction of Formation Washington Mutual Preferred Funding LLC Delaware" ...

Our New Owners, now after the 2nd Ownership Change are preparing for the New Company "WMIH" to move forward, as a "Consolidated Taxation Filer", in proper form for taxing year 2021 ...

For Our New Company "WMIH" To also continue to qualify as a Consolidated Taxation Filer, All Subsidiaries need to submit form 8022 ... it appears that one of them, may need an extension' ...

This cleanup of State Taxation Issues is "excellent" news' ... "WMIH" the Parent Corp, "COOP" is the BIG News, Watch for a BOD's Announcement ... the New Owners, don't get to simply initiate a 2nd Ownership Change without securing the 1st Ownership Change guys' compensation' ... that's Us' ... those that released to "Participate" in Judge Walrath's Plan, and hold DTC Issued ESC Cusips', which account for ones original WMI ownership' ...

WMIH (and its Subsidiaries) Is Where The Positive Asset Values are located' ... NationStar was an acquisition, not a merger'

https://www.irs.gov/pub/irs-wd/202102007.pdf

AZ
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News