On September 3 0 , 2 0 1 8 , Stalling, Incorporated issued 2 , 0 0
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On September Stalling, Incorporated issued shares of its publicly traded stock as compensation to its employee, Harry. On the date of issuance, the stocks fair market value was $ Under the terms of his compensation contract, Harry could not dispose of the stock before October and if employment with Stalling was terminated before that date, the stock is returned to the corporation. On October Harry,
who still worked for Stalling, sold all shares for $
Related Book For
Principles Of Taxation For Business And Investment Planning 2019 Edition
ISBN: 9781260161472
22nd Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
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