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WhatDoesItAllMean

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WhatDoesItAllMean

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Thursday, 06/24/2010 12:47:20 PM

Thursday, June 24, 2010 12:47:20 PM

Post# of 221872
Is there an accountant out there that knows if the deal is consumated how an extraordinary dividend is treated for tax purposes? Is it considered regular dividend income subject to a person's short term rate? Or, is it treated different from regular dividends depending upon how long you held the shares (1 year + a day for the long term rate.) I hope to pay A LOT of taxes for 2010. Uncle Sam and us (pun intended) needs the cash.
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