Replies to post #58111 on Therapeutic Solutions International Inc (TSOI)

[BigBadWolf]

https://www.sec.gov/interps/legal/slbcf4.txt

1. What Is A "Spin-Off"?

In a "spin-off," a parent company distributes shares of a
subsidiary to the parent company's shareholders.

What is the 355 spin-off rule?
Section 355 of the Internal Revenue Code (IRC) provides an exemption to these distribution rules, allowing a corporation to spin off or distribute shares of a subsidiary in a transaction that is tax-free to both shareholders and the parent company.

https://www.investor.gov/introduction-investing/investing-basics/glossary/spin-offs#:~:text=In%20a%20%22spin%2Doff%2C,on%20a%20pro%20rata%20basis.