If you are asked questions as to why you are dealing in these shares to such an extent, you can say that the friend for whom you are acting desires to boom copper, and is going on the low price of the metal at the moment.
He had bought these shares to hold; he did not intend to sell one.
On the third afternoon, Aynesworth met on the stairs a young broker, whom he had come across once or twice during his earlier dealings in the shares.
And we thought that some fool of an Englishman was burning his fingers with those shares.
My people don't feel inclined to hold those shares
any more, the market's in such an awful state, and they want you to take them up.
Based on these facts, the IRS concluded that the cumulative effects of the VPFs, pledge agreements and share
-lending agreements resulted in a common law sale of the pledged shares
when the counterparty borrowed the shares
These systems must communicate with each other and share
access to common storage.
To determine the adjusted basis of each share
in a category, the total adjusted basis of all the shares
in the category is divided by the total shares
in the category at that time.
Assume that, upon the adoption of an ISO plan, the stock of an employer corporation has a fair market value of $20 per share
However, the illustration doesn't show the effect of the increased compensation expense on earnings per share
The FASB issued an exposure draft, Earnings per Share
and Disclosure of Information About Capital Structure, in January 1996.
If the 1,000 shares
offered as payment are not mature ISO shares
, E will be taxed on $2,000 of the compensation (the original option savings of $2 per share
X 1,000 shares