Replies to post #110848 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

So you're getting a non-taxable gain of $3.50/SIAF share in the US?
Doesn't make sense.

What I read from your rules, in the US, is that stock dividends usually (like this one) is not taxed. But this is not a stock dividend IMO. It's a spin-off.

I should be telling you now to get some professional advice on this. And that is what the company will do. But I think that's how it will play out. And then $3.50 becomes the basis for when you sell your Triway shares, so you don't pay tax twice.

[RealDutch]

Here is one example that might be relevant

https://www.google.nl/url?sa=t&rct=j&q=&esrc=s&source=web&cd=17&ved=0ahUKEwi1u5iq1JrTAhVlKsAKHSMVAjg4ChAWCE4wBg&url=http%3A%2F%2Finvestors.danaher.com%2Fdownload%2FTax%2BBasis%2BMemo%2Band%2BForm%2B8937.pdf&usg=AFQjCNFwlMNHvShNRxN6sDk7RfIQxeIOcg&cad=rja

U.S. federal income tax laws do not specifically identify how to determine the fair market values of the Danaher common stock or the Fortive common stock. You should consult your tax advisor to determine the appropriate fair market values.

How wonderful.