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abroad stock sale

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Jun 27, 2007, 1:55:18 PM6/27/07

Hello,

I'm a permanent resident for a few years.

I'm planning to sell about 2-4% of the company shares that I hold in a
European corporation (it's not publicly traded) to a private investor.

The amount of this sale would total around $60 to 120k.

How will I be taxed on this? My assumption is 15% like a regular stock
sale, is that right?

Are there other things to watch out for?

Thanks

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