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Tax Question


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I'm certainly no expert, but I thought that most spin-offs were done with 0 tax consequences. I could be wrong though - all of the spin-offs I've participated in so far have been in tax-free/tax defferred accounts so I don't have any direct experience.

 

edit: just realized that the ones I participated in weren't ADRs and were simply the foreign shares trading pink sheets in the U.S. Sorry that this doesn't apply :/

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