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It was a 2-for-1 stock split in 2014 that created a new class of stock. No taxes were payable on the split, because no new value was created. The existing val
by panarky 7y ago
It was a 2-for-1 stock split in 2014 that created a new class of stock.
No taxes were payable on the split, because no new value was created.
The existing value was literally split between the new shares and the existing shares.
https://www.marketwatch.com/story/google-investors-are-about-to-get-goog-and-googl-shares-in-stock-split-1396289584 https://www.marketwatch.com/story/google-investors-are-about...