How should we report the purchase of our company by . . .

Question

How should we report the purchase of our company by another company?

Answer

If the company that was purchased...

is a publicly traded company, there is Form 1099-B reporting. (Or, it may be subject to Form 1099-CAP reporting. Check the Form 1099-CAP instructions for more details.) You will need detailed information from your legal and tax departments.

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