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In the US it's a non-taxable event.


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Fri Dec 22nd, 2006 at 11:54:29 AM EST
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That makes a difference, because you do pay taxes when you buy or sell stock.

Those whom the Gods wish to destroy They first make mad. -- Euripides
by Migeru (migeru at eurotrib dot com) on Fri Dec 22nd, 2006 at 11:58:04 AM EST
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