....sonterra "proceeds" will be paid to the FDIC as the Receiver......which adds those monies to the balance of the recoveries.........there is a step in between the litigation proceeds and the dividend..........
....the FDIC can call the ultimate "dividend" either ordinary or QUALIFIED...........qualified dividends CAN BE TAGGED and treated as ordinary income.....A qualified dividend is a payment to owners of stock shares that meets the IRS criteria for taxation at the capital gains tax rate................
.......bottom line on the FDIC payout.......their call..........should be qualified.....but the FDIC has done both and I believe the SIZE of the payments to the UWBI polecats will drive the designation of the dividend............COULD GO EITHER WAY ON THE TAX TREATMENT......
.....A GOOD PROBLEM.............bring the money........we'll pay taxes at whatever rate.....and HAPPILY FUND THE USA SOCIALIST REPUBLIC......
.......AND WE RESTORE THE CONFEDERACY on 1.20.2025..............aimho......
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