A stock split is usually taxable to a firm as it restructures the capital.

Name: A stock split is usually taxable to a firm as it restructures the capital.
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A stock split does not result in any taxable event for either the firm or the shareholders. It only increases the number of shares and decreases the price per share, without changing the value of the firm or the shareholders' stake in it.

A Stock Split Is Usually Taxable to a Firm as It