Are there any personal income tax consequences as a result of Apples stock splits?
There are no tax consequences to U.S. residents as a result of Apple’s stock splits. The tax basis of each share owned after the stock split is half of what it was before the split. For example, if you owned 100 shares before the split with a tax basis of $40 per share, after the split you would own 200 shares of stock with a tax basis of $20 per share. Foreign residents should consult their local tax advisors.
