Replies to post #53970 on First American Scientific Corp. (fka FASC)

[TRCPA]

Hi Sam.......once you take the tax loss, that's it.
You just carry it forward no matter what happens with FASC.

If there were ever dividends paid out, you would just pay the normal tax on dividend income.

If there was a company sale, you would pay the capital gains on the full amount (minus whatever you had left on your capital loss carryover).