sos07
Nov 19, 2011, 09:01 PM
Hi, could any experts please help explain to me what is meant by the term "non-taxable stock rights"? If it is non-taxable, then when is it taxable? And what is it used for? Or if you please give some examples. I'm taking this advanced accounting class, and I'm having trouble grasping it in this chapter.
I've gooled it but I'm quite at a lost. I still don't understand it even after reading about it at http://www.costbasis.com/stockchanges/stockrights.html.
I would very much appreciate all the help that is offered.
Thank You.
I've gooled it but I'm quite at a lost. I still don't understand it even after reading about it at http://www.costbasis.com/stockchanges/stockrights.html.
I would very much appreciate all the help that is offered.
Thank You.