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Old 01-24-2015, 12:22 PM
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trading shares between multiple s corps

I am a minority owner in 4 different, closely held (by family) S corps. All 4 are located in Wyoming. I am considering trading my shares in 3 of the S corps for a majority interest in the 4th business. I realize we would pay capital gains if we sold the shares to each other. do we pay capital gains if we trade shares in this way? How does this work?
TJ



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