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Author: nodlepaw One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1182  
Subject: Re: free spinoff Date: 12/15/2007 12:57 AM
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Any idea how the proceeds from Graco would be recognized for tax purposes ? would it be a dividend taxed at 15%, not taxed as a return of capital, or other ?

I'm guessing it should not be taxed as a dividend, but I'd hate to buy more (i already owned it when the deal was announced) and then be taxed on the $9+ distribution.
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