Level 9
03-10-2022
06:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The Arrowsmith Doctrine might apply here. That doctrine holds that payments to ex-stock holders or ex-partners treat subsequent payments as they treated their original sale. Which would most likely be a capital gain or loss. So then these payments would be considered capital gains.
https://en.wikipedia.org/wiki/Arrowsmith_v._Commissioner
And if that is not the right Aerosmith, then try this