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How should the cost basis be calculated for the contingent distribution rights that were given in exchange for the old common shares of Comdisco, Inc., which have been cancelled?

April 26, 2017basis calculated common Contingent COST distribution exchange given Rights

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How should the cost basis be calculated for the contingent distribution rights that were given in exchange for the old common shares of Comdisco, Inc., which have been cancelled?

1 Answer

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Because each person’s tax situation is different, Comdisco is not providing any tax guidance on how to treat the contingent distribution rights. Please consult your tax advisor to determine what is appropriate for your personal situation.