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Is this a taxable event?
Praxair, Inc and Linde PLC merged in 2018. Our Praxair stock was converted directly to Linde stock resulting in the same shares and same cost. Received a 1009 B from Computershare showing the proceeds in 1d. If one trades old shares for new through a merger, the IRS does not look on the event as a taxable transaction. Is this correct?
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‎June 7, 2019
5:20 PM