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Roger McEowen of the ISU Center of Agricultural Law and Taxation examines the Court of Federal Claims decision against the IRS on gains on demutualized insurance company shares: Court Says IRS Position Wrong on Tax Impact of Insurance Company Demutualization. The article has a handy list of demutualized insurance companies.
Roger has set this year's dates for his popular farm tax schools.
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Comments
Great article. Sold stock in 2005 and have been watching for info on this subject and some sort of quidelines for what action to take before it is too late. Graduated from ISU in 1960 and worked at Bankers Life (Now Principal Financial Group) from 1960 thru 1999!
Keep up the good work and go Cyclones!!
Gary Nelson
Posted by: GARY L NELSON | October 27, 2008 11:27 AM