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Paid after satisfying all corporate debts, the liquidating dividend is meant to provide a return on investment.A corporation issues these dividends if it plans to terminate its business or if it plans to merge with another corporation under a new name.More to the point, notwithstanding the dissolution and reincorporation, no new corporation is deemed to come into existence so the corporate taxpayer is not required to apply for a new Employer Identification Number.

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These first three installments in the Die Hard series grossed over US0 million internationally and propelled Willis to the first rank of Hollywood action stars.

Edwards cast him again to play the real-life cowboy actor Tom Mix in Sunset (1988).

The basis in the stock is how much the taxpayer paid to obtain the stock.

The capital gain is treated as long-term or short-term depending on whether you owned the shares for longer than a year.(See Bittker and Eustice, Federal Income Taxation of Corporations and Shareholders at Para.

In 2007, he appeared in the Planet Terror half of the double feature Grindhouse as the villain, a mutant soldier.2 in the UK Top 40 but was less successful in the U.

Willis returned to the recording studio several times afterward.

He released a version of the Drifters song "Under the Boardwalk" as a second single; it got to No.

In 2005, he appeared in the film adaptation of Sin City.

However, due to the 2007 Writers Guild of America strike, the film was cancelled.

That same year, he starred in Mike Judge's animated film Beavis and Butt-head Do America with his then-wife Demi Moore.

A liquidating dividend is used when a corporation is dissolving and it needs to distribute its assets to its shareholders.

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