ECU->Golden Minerals taxable event?

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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qantwar

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ECU->Golden Minerals taxable event?

posted on Feb 27, 2012 05:58PM

I just got my brokerage 1099-B and ECU shares show as sold on 9/7/2011, and thus taxable. It's a loss, so it actually helps my tax bill, but I always thought that when 2 companies merged, or one bought another and the old share owners got shares in the new company, that this was just a continuation of the investment - not a taxable event.