Insights
Client Alert
Reporting Organizational Actions Affecting Basis of Issued Securities
January 12, 2012
KRISTEN CHANG WINCKLER and STEPHEN J. TURANCHIK
If your company, in 2011, engaged in any transaction that affected the basis of all holders of a particular class of stock, including stock-splits, mergers, reorganizations, spin-offs, split-offs, stock redemptions, and distributions in excess of corporate earnings and profits, then your company has until January 17, 2012 to file a new tax form with the Internal Revenue Service.