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).
The redemption price is set by the Texas Tax Code as follows: purchase. amount, deed recording fee, taxes paid by purchaser after the tax sale, and costs expended on the property, plus a. redemption premium of 25 percent of the aggregate total during the first year or 50 percent of the aggregate total. during the second year.