Replies to post #61643 on Value Microcaps Motherboard

[cl001]

Re: EZM-LMC tax. I don't think it is up to broker. It should be a standard merger. I believe it should be tax free. I will try to talk to LMC folks and see if they know anything.

[nelson1234]

Cliff, EZM/LMC

Thanks, I have TDAmeritrade, and I obviously did not like the way they treated the conversion. However, it doesn't make sense that the tax status is determined by the manner in which the broker records the transaction. I mean, it seems the event should either be taxable or non-taxable for everyone. I'll give a call to TDAmeritrade next week.

Good luck, and Happy New Year!

[cl001]

EZM-LMC merger:
Just take to PriceWaterhouse, LMC representative for its share holders. He told me it is a taxable event in Canada, but not in the US, to his best knowledge.