C'mon Wayne, nothing to get worked up about. What's your tax concern? This is how it's usually done. A stockholder's basis stays the same either way and he incurs no tax liability until he sells the stock. Here's an example:
"What is a two-for-one stock split in the form of a 100% stock dividend?
A 100% stock dividend is a common way to implement a two-for-one stock split. On the payment date, June 9, 2006, each stockholder will receive one additional share of stock for each share owned as of the close of business on the record date, May 26, 2006. Since there will be twice as many shares after the split, each share will be worth half of what it was worth immediately prior to the split, while the overall value of a stockholder's investment remains the same.
The difference between a stock split in the form of a dividend and a stock split not in the form of a dividend is that the shares will continue to trade under the same CUSIP number.
Do I have to pay taxes on the new shares? What happens to my cost basis in my old shares?
No. You will not have to pay taxes on your receipt of your new shares. Macy's, Inc.'s distribution of the new shares to you pursuant to the stock split is considered to be a nontaxable stock distribution for U.S. Federal income tax purposes."
"Like the stock dividend, a stock split is a proportionate increase in the number of outstanding shares that doesn't affect the issuing company's assets, liabilities, equity or earnings. As a matter of fact, the only difference between the two is in the area of accounting. A stock dividend of greater than 25 percent is recorded as a stock split. A 100 percent stock dividend is known as a two-for-one stock split."
"In "tax speak," stock splits are really called stock dividends. As a general rule, when a corporation distributes its own stock or a right to acquire its stock to its shareholders, the shareholders are not required to include the fair market value of the stock or stock right in their gross income. The following five categories of stock dividends, however, do not fall within this general rule and are taxable to the shareholders:
Distributions in which any shareholder has the option to receive cash or other property instead of stock or stock rights;
Disproportionate distributions, (i.e., distributions in which some shareholders receive cash or other property and other shareholders receive stock or stock rights);
Distributions of common stock to some common stock shareholders and preferred stock to other common-stock shareholders;
Certain distributions on preferred stock; and
Distributions of convertible preferred stock that result in a disproportionate distribution."
Market Data 
Markets 
AI
