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What is the tax/cost basis of First American Financial Corporation as a result of the spin-off transaction?

April 26, 2017American basis corporation COST financial Spin-Off tax transaction

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What is the tax/cost basis of First American Financial Corporation as a result of the spin-off transaction?

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As a result of the spin-off, you will need to allocate a percentage of your original tax/cost basis between First American Financial Corporation and CoreLogic Inc. (formerly The First American Corporation). A Tax-Basis Information Statement outlining one approach to allocating your tax basis based upon the closing price on the June 1, 2010, distribution date is available online.