MEWDS (Multiple Evanescent White Dot Syndrome) is a rare, unilateral, self-limiting inflammatory disease that afflicts young women more than men in a 4:1 ratio. Despite the lack of treatment, the prognosis is excellent. Our patient is the typical age and gender.
To qualify for sale or exchange treatment, a stock redemption generally must result in a substantial reduction in a shareholderâs ownership interest in the corporation.In the absence of this reduction in ownership interest, the redemption proceeds are taxed as dividend income. The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
The 1031 Exchange is an excellent tax planning tool when investors wish to defer the payment of any capital gain and depreciation recapture taxes generated from the sale or disposition of real property or personal property by reinvesting in replacement property.he investor can even permanently defer (i.e. eliminate) the payment of the capital gain taxes and depreciation recapture taxes if they continue exchanging throughout their lifetime (i.e. never cash out).