Source: http://ir.excoresources.com/tax-information
Timestamp: 2017-06-25 12:13:28
Document Index: 424019908

Matched Legal Cases: ['§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045', '§6045']

Tax Information | EXCO Resources Investor Center
Investor Relations Tax Information Issue Price Disclosure – March 15, 2017 Term Loan ExchangeDisclosure Pursuant to U.S. Treasury Regulation Section 1.1273-2(f)(9)for EXCO Resources, Inc. Exchange of Second Lien Term Loans for 1.75 Lien Term Loans Due October 26, 2020On March 15, 2017, EXCO Resources, Inc. (“EXCO”) closed a series of transactions. The transactions included the exchange of $682.8 million in aggregate principal amount of senior secured second lien term loans due October 26, 2020 for a like amount of senior 1.75 lien term loans due October 26, 2020 (“1.75 Lien Notes”).Pursuant to U.S. Treasury Regulation Section 1.1273-2(f)(9), EXCO has made the following determination with respect to the 1.75 Lien Notes. This determination is binding on a holder of the 1.75 Lien Notes unless the holder explicitly discloses on the holder’s timely filed federal income tax return for the taxable year that includes its acquisition date of the 1.75 Lien Notes, in accordance with the requirements of the regulations, that its determination is different from EXCO’s determination. EXCO has determined that the 1.75 Lien Notes are “traded on an established market (publicly traded)” within the meaning of the U.S. Treasury Regulation Section 1.1273-2(f)(1) and the issue price of the 1.75 Lien Notes is 75.00% (expressed as a percentage of face amount).This notice is only intended to fulfill EXCO’s notification obligation under U.S. Treasury Regulation Section 1.1273-2(f)(9) and does not constitute tax advice. Please consult your own tax advisor.Download Issue Price Disclosure – March 15, 2017 Term Loan Exchange
Form 8937 (Report of Organization Actions Affecting Basis of Securities) – March 15, 2017 Term Loan ExchangeDownload Form 8937
Public Notice of Dividends Paid During 2014Public Notice of Dividend Paid on March 31, 2014 in accordance with IRC §6045BOn March 10, 2014 EXCO Resources, Inc. announced that its Board of Directors declared a dividend of $0.05 per common share. The dividend is payable on March 31, 2014 to holders of record on March 20, 2014.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2014 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 shortly after yearend. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holders of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Tax Director, Mark Fesmire at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 3/31/2014Public Notice of Dividend Paid on June 16, 2014 in accordance with IRC §6045BOn May 22, 2014 EXCO Resources, Inc. announced that its Board of Directors declared a dividend of $0.05 per common share. The dividend is payable on June 16, 2014 to holders of record on June 2, 2014.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2014 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 shortly after yearend. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holders of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Tax Director, Mark Fesmire at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 6/18/2014Public Notice of Dividend Paid on September 30, 2014 in accordance with IRC §6045BOn September 11, 2014 EXCO Resources, Inc. announced that its Board of Directors declared a dividend of $0.05 per common share. The dividend is payable on September 30, 2014 to holders of record on September 22, 2014.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2014 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 shortly after yearend. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holders of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Tax Director, Mark Fesmire at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 10/06/2014Form 8937 – 2014Download Form 8937
Public Notice of Dividends Paid During 2013Public Notice of Dividend Paid on March 30, 2013 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. corporate stock on March 15, 2013 for $0.05 per common share. The dividend was paid to holders of record on March 29, 2013.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2013 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 shortly after yearend. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holders of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 5/10/2013Public Notice of Divident Paid on June 28, 2013 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. corporate stock on June 14, 2013 for $0.05 per common share. The dividend was paid to holders of record on June 28, 2013.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2013 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 as required after the year end. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holder of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 8/09/2013Public Notice of Dividend Paid on September 30, 2013 in accordance with IRC §6045BEXCO Resources, Inc.'s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. corporate stock on September 23, 2013 for $0.05 per common share. The dividend was paid on September 30, 2013 to holders of record.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2013 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 as required after the year end. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holder of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Executive Vice President / CFO, Mark Mulhern at EXCO's headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 01/14/2014Public Notice of Dividend Paid on December 16, 2013 in accordance with IRC §6045BEXCO Resources, Inc.'s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. corporate stock on December 2, 2013 for $0.05 per common share. The dividend was paid on December 16, 2013 to holders of record.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that there could be a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. Please note that EXCO Resources, Inc. is a corporation for Federal tax purposes and owners of the shares who receive a distribution will only receive a Form 1099 as required after the year end. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution for inclusion in the holder of record’s tax return.Additional information about this may be obtained by contacting EXCO’s Executive Vice President / CFO, Mark Mulhern at EXCO's headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 01/14/2014 Click Here to download our Form 8937
Public Notice of Dividends Paid During 2012Public Notice of Dividend Paid on March 30, 2012 in accordance with IRC §6045BEXCO Resources, Inc.'s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. stock on March 15, 2012 for $0.04 per common share. The dividend was paid to holders of record on March 30, 2012.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2012 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution included in their tax return.Additional information about this may be obtained by contacting EXCO's Vice President of Tax, Andrew C. Springer at EXCO's headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 5/10/2012Public Notice of Dividend Paid on June 29, 2012 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. stock on June 15, 2012 for $0.04 per common share. The dividend was paid to holders of record on June 29, 2012.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2012 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution included in their tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 8/13/2012 Public Notice of Dividend Paid on September 28, 2012 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. stock on September 14, 2012 for $0.04 per common share. The dividend was paid to holders of record on September 28, 2012.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that continued 2012 operations of EXCO Resources, Inc. could result in a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution included in their tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 11/12/2012Public Notice of Dividend Paid on December 28, 2012 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared a dividend to holders of record of EXCO Resources, Inc. stock on December 14, 2012 for $0.04 per common share. The dividend was paid to holders of record on December 28, 2012.Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. It is possible that there could be a change to the character of the dividend reported above. If that happens, we will update our public notice as necessary. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. distribution included in their tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Release date: 1/14/2013Click Here to download our Form 8937
Public Notice of Dividends Paid During 2011Public Notice of Dividends Paid During 2011 in accordance with IRC §6045BEXCO Resources, Inc.’s Board of Directors declared and paid dividends to holders of record of EXCO Resources, Inc. common stock during 2011. Dividends declared and paid per common share covered by this Public Notice are included in the table belowHolder of Record DateDividend Payable DateDividend Payable Amount per ShareMarch 15, 2011March 31, 2011$0.04June 15, 2011June 30, 2011$0.04September 15, 2011September 30, 2011$0.04November 30, 2011December 15, 2011$0.04Pursuant to Internal Revenue Code Section 6045B, we are reporting to all holders of record the estimated character of this payment. This dividend is based upon an estimate of earnings and profits as of date of the payment and should be treated as a return of capital for any distributions a shareholder may have received. Further, we have included the attached and completed Form 8937, Report of Organizational Actions Affecting Basis of Securities, for 2011 tax year as released by the Internal Revenue Service on January 6, 2012. We encourage holders of record to consult their Tax Advisor for proper treatment of any EXCO Resources, Inc. dividend in their tax return.Additional information about this may be obtained by contacting EXCO’s Vice President of Tax, Andrew C. Springer at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084 or e-mail at EXCO.Dividend.Info@excoresources.com.Click Here to download our Form 8937Release date: 1/16/2012