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View Full Version : Subchapter S stock buyback


peterburke
Nov 2, 2009, 03:40 PM
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

excon
Nov 3, 2009, 05:48 AM
Hello P:

Nope. It's NOT deductable.

excon