Discussion:Insurance Company Demutualization

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Death&Taxes (Talk | contribs)
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Neil Mink (Talk | contribs)
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Basically the court ruled that taxpayers were permitted to use their investment in the contract as the cost of the shares. }} Basically the court ruled that taxpayers were permitted to use their investment in the contract as the cost of the shares. }}
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 +{{ForumReplyPost|UserID=Neil Mink|Date=11 August 2008|Text=Most I know I have always picked up the proceeds from the 1099-B with zero basis. This is interesting.}}

Revision as of 16:00, 11 August 2008

Discussion Forum Index --> Tax Questions --> Insurance Company Demutualization

Death&Taxes (talk|edits) said:

11 August 2008
RIA reports that the Court of Claims found favorably for the taxpayers in

Eugene A. Fisher et al. v. U.S. (Ct Cl 8/6/2008) 102 AFTR 2d

Basically the court ruled that taxpayers were permitted to use their investment in the contract as the cost of the shares.

Neil Mink (talk|edits) said:

11 August 2008
Most I know I have always picked up the proceeds from the 1099-B with zero basis. This is interesting.