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URL:  http://boards.fool.com/spin-offs-and-capital-gains-10766961.aspx

Subject:  Spin-offs and Capital Gains Date:  4/14/1999  9:22 AM
Author:  vlperk Number:  14649 of 121565

I owned Ford and they spun off AFS; now own GM and they announced they will spin off Delphi. My question is: Does the ownership date, for long-term capital gains purposes, of the spun-off companies begin with my original purchase date of the parent company, or with the spinoff date of the divested company?

Will appreciate any advice.

Thanks,
VLPerk
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