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Posted by Arthur Kamlet on April 21, 2008, 3:19 pm
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>Dear all:
>
> Here is a question about incentive stock option. I know that in
>order for the gain on ISOs be treated as long term capital gain, it
>must be exercised and hold for more than 1 year (and be granted more
>than 2 years). My question is: if the company was acquired and the
>exercised ISOs converted to the new company's stock, will the
>converted stock be required to be held for another year in order to be
>qualified for long term capital gain? i.e., will the original holding
>period of the exercised ISOs be nullified if converted to another
>stock due to acquisition?
In most cases if the IRS has determined this is a tax-free exchange
of old stock for new, the dates carry over.
--
ArtKamlet at a o l dot c o m Columbus OH K2PZH
--
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