EPD C-Corp conversion coming? Wells Fargo keeps talking conversions | MLPs Message Board Posts

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Msg  104192 of 108431  at  6/19/2019 9:22:35 PM  by

passandshoot


Re: EPD C-Corp conversion coming? Wells Fargo keeps talking conversions

That response (1%) is only relevant if they "check the box".  There are numerous options.
 
The more appropriate answer is you don't know until something is announced, but the likelihood of a consequential taxable event (e.g. KMP, OKS, et.al.) is almost nil.  The Duncan family, owning ~33% of the units, isn't going to pay taxes of consequence on a c-corp conversion that isn't tax neutral or tax marginal in impact.
 


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Msg # Subject Author Recs Date Posted
104195 Re: EPD C-Corp conversion coming? Wells Fargo keeps talking conversions Q77 2 6/20/2019 12:01:03 AM


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