This page also provides links to the Occupational Safety and Health Act of 1970 (OSH Act) and other relevant laws. Finally, this page includes resources to explore the Federal Register, the Code of Federal Regulations, and RegInfo.gov the federal government's public portal for all agency regulatory information.
20 biggest stock gainers. US Airways. Shareholders cheered when the nation's fifth-largest airline by revenue officially became the world's biggest airline, thanks to its merger with bankrupt American Airlines.
If the policy was owned for a year or less, the gain is short-term capital gain. See, IRS Tax Topic 430 (last updated February 27, 2014). In terms of federal income tax, taxpayers who elect to receive stock generally will not recognize any gain or loss on the exchange until the stock is sold.