Sentence examples for basis of stock from inspiring English sources

Goizueta was the first American manager to become a billionaire on the basis of stock holdings in a company that he'd neither founded nor taken public.

The rules are being phased in over three years: starting in 2011, the cost basis of stock investments bought that year and in future years will be reported to the I.R.S., and in 2012, the same will happen for mutual funds, exchange-traded funds and dividend reinvestment plans.

It's called "single category" because the basis of stock you've held less than a year is mashed together with your long-term holdings.

In other words, assessing CEO and C-suite performance on the basis of stock prices may not work.

They argue that focusing on measuring value on the basis of stock price and providing incentives that are stock-based may not be a perfect system, but it is the only one that can guide proper company behavior.

He ticks off a long list of common tax evasions his clients try to use -- lying about the cost basis of stocks is perhaps the favorite -- and reminds the others that the United States tax code is, like Paul F.'s bagel business, largely built on an honor system.

The new reporting rules, signed into law as part of the big bailout legislation in 2008, are being phased in over a few years and don't necessarily apply to all of your taxable holdings: banks and brokers were required to begin tracking and reporting the cost basis of stocks in taxable accounts bought in 2011 or later.

Other measures would require credit card companies to tell the IRS the aggregate annual sales of each merchant; force middlemen brokers (likely including Ebay) to report the proceeds for any sellers doing more than 100 transactions in a year; and require stockbrokers to report the cost basis of stocks their customers sell, making it easier for the IRS to cross-check capital gains.

In determining the period for which the taxpayer has held stock or rights to acquire stock received on a distribution, if the basis of such stock or rights is determined under section 307, there shall (under regulations prescribed by the Secretary) be included the period for which he held the stock in the distributing corporation before the receipt of such stock or rights upon such distribution.

The amount of any deduction for depreciation allowable under section 167(a) to a tenant-stockholder with respect to any stock for any taxable year by reason of paragraph (1) shall not exceed the adjusted basis of such stock as of the close of the taxable year of the tenant-stockholder in which such deduction was incurred.

"Holders of employer stock that includes net unrealized appreciation can benefit from direct gifts to charity," he said, "because only the basis of the stock must be picked up as income, but a charitable deduction is available for the full fair market value of the stock, subject to the general rule limiting charitable deductions".