Is payment in stock for business considered income?

[davew128]

LdiJ, when a corporation exchanges its stock for the 100% of the stock of a company its acquiring, that stock is NOT taxable. Here is jondoofus's quote

Lets say XYZ purchased my company and paid all with stock in their corporation, this is all considered taxable income?

Remind me again how that doesn't meet the criteria of a tax free reorg, bearing in mind I ALSO took a reorg class in masters program and have been involved in corporate reorgs (taxable and tax-free). BTW, I've carefully chosen my words in this BECAUSE I know the law. Here's a hint: He's mentioned both an "A" and a "B" reorg and I'm only referring to the "B".

 

[jondoe]

As I understand it if the stock is vested upon receipt is has to be reported.

LdiJ can you expand the scenario you posted? It sounds like you have seen this before and may know of applicable laws/codes..

 

[davew128]

"as I understand it"

Therein lies the problem. There is no vesting in a reorg.

 

[jondoe]

"as I understand it"

Therein lies the problem. There is no vesting in a reorg.

Ok im asking nicely to please stay off my thread. You assume the sale I am referring to was structured as a reorg. I have no indication of that. Furthermore my last post you responded to has to do with research I am doing. you have hijacked this thread and Im tired of it ppl who are prob familiar with you here prob do not even want to participate b/c of you....
PLEASE LEAVE ME ALONE

 

[ecmst12]

You don't get to dictate who responds to your thread.