REPORTING OF SHARE EXCHANGE. For federal, state, and local income tax return reporting purposes, all parties agree to treat the Share Exchange as a nontaxable exchange under Section 368 of the Internal Revenue Code.
Appears in 11 contracts
Samples: Share Exchange Agreement (Galaxy Investments Inc), Share Exchange Agreement (Worldwide Strategies Inc), Share Exchange Agreement (Bravo Resources LTD)
REPORTING OF SHARE EXCHANGE. For federal, state, state and local income tax return reporting purposes, all parties agree to treat the Share Exchange as a nontaxable exchange under Section 368 of the Internal Revenue Code.
Appears in 1 contract
Samples: Share Exchange Agreement (Sunburst Acquisitions I Inc)
