Assertion: redemption | /r/HasProperty | treated as dividend
Facets:
value: in cancellation of outstanding stock
type: OTHER
value: for tax purposes
type: PURPOSE
Source sentences:
text: When Redemptions Are Treated as Dividends:
text: WHEN REDEMPTIONS ARE TREATED AS DIVIDENDS: WHITHER BASIS?
text: If a distribution that under corporate law looks like a redemption (for example, in cancellation of outstanding stock), is treated as a dividend for tax purposes, what happens to the basis of the stock?