Time Warner Gets Well-Timed Tax Break In AOL Spinoff

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First Posted: 06- 1-09 11:42 AM   |   Updated: 07- 2-09 05:12 AM

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Fortune:

Time Warner's plan to distribute AOL stock to its shareholders in a tax-free transaction is benefiting from a little-noticed change last year in the rules governing "hot stocks."

In this case, "hot stock" doesn't mean shares with a rapidly rising price, it means shares that can trigger a tax liability.

Read the whole story: Fortune

Time Warner's plan to distribute AOL stock to its shareholders in a tax-free transaction is benefiting from a little-noticed change last year in the rules governing "hot stocks." In this case, "hot...
Time Warner's plan to distribute AOL stock to its shareholders in a tax-free transaction is benefiting from a little-noticed change last year in the rules governing "hot stocks." In this case, "hot...
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