Replies to post #13257 on RemSleep Holdings Inc (RMSL)

[B402]

Taxable Event and Related Considerations.
The board of directors of each of Kat Exploration and Kat Gold considered other factors relating to the Spin-Off, including the expectation that the Spin-Off will not qualify as a tax-free exchange for U.S. federal income tax purposes under Sections 355 and 368(a)(1)(D) of the Code

FWIW...

May Google the sections they mention