Issuers of corporate securities are required to complete Internal Revenue Service (“IRS”) Form 8937 to report organizational actions that affect the basis of those securities.
Disclaimer
« Information contained herein does not constitute tax advice and does not purport to be complete or take into account any shareholder’s specific circumstances. The information contained herein is being provided pursuant to the requirements of Section 6045B of the Internal Revenue Code of 1986, as amended (the “Code”), and the Treasury Regulations thereunder. We recommend the U.S. shareholders to consult their own tax advisors regarding the U.S. tax consequences of the transaction described herein and the basis of stock received in the transaction. »