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Home > Law > Corporate Law   »   Subchapter S stock buyback

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Old Nov 2, 2009, 02:40 PM
peterburke
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Subchapter S stock buyback
If you have one partner pushed out or leave and you purchase the stock back. Is that stock purchase tax deductable, say the company buys it back instead of the remaining partners

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Old Nov 3, 2009, 04:48 AM   #2  
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Hello P:

Nope. It's NOT deductable.

excon
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