Question to any of the above;
Does anyone know what the tax consequences of the trade will be?
The tax section starts on page 173 of Corp. Document but I am not sure if
trade from Alu to Nokia means carryover w/ some conversion factor or that IRS will simply treat the transactions a 2 separate events whereby Alu will take tax ramifications based on stockholders cost and Nokia will be a new trade....your thoughts invited
That is my question??? Not sure if they are giving 0.55 shares of Nokia for Alu if the tax base can remain the same. No one has been able to answer this question....the tax section of the corporate document is on page 173 but I have not been able to decipher