In July 2014, Windstream Corp. (Nasdaq: WIN), a Fortune 500 and S&P 500 company, made an announcement
Question:
In July 2014, Windstream Corp. (Nasdaq: WIN), a Fortune 500 and S&P 500 company, made an announcement regarding the taxation of a recent distribution. It also made a projection regarding the anticipated tax consequences of future distributions. Locate articles or press releases regarding Windstream's announcement and related distribution. What might have led Windstream to make the announcement'’ What implications might the information contained in the announcement have for investors' expectations regarding the company’s future earnings? On what might the predictions regarding the taxation of future distributions be based?
Step by Step Answer:
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young