MEWDS (Multiple Evanescent White Dot Syndrome) is a rare, unilateral, self-limiting inflammatory disease that afflicts young women more than men in a 4:1 ratio. Despite the lack of treatment, the prognosis is excellent. Our patient is the typical age and gender.
To qualify for sale or exchange treatment, a stock redemption generally must result in a substantial reduction in a shareholderâs ownership interest in the corporation.In the absence of this reduction in ownership interest, the redemption proceeds are taxed as dividend income. The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
Mutual funds may charge a redemption fee when you redeem shares. Some charge the fee regardless of when you sell. Other funds limit the redemption fee period to 90 days from the date you purchased the shares. Not all mutual funds charge a redemption fee. The SEC limits this fee to 2 percent, as of 2010.