AFTER 35 YEARS WE WILL BE CLOSING THE BUSINESS ON MAY 31. WE WILL NOT BE ABLE TO PROVIDE TECHNICAL SUPPORT!

All Avaya Stock Sold on October 26, 2007 in Avaya Merger with Siver Lake

Report Avaya Sale on 2007 Tax Return

The Avaya merger is not tax - free.  The Avaya sale will need to be reported on Form 1040, Schedule D for individual taxpayers. To do this, you will need to cost basis (or stock basis).

Reported 6/5/07:

On June 4, 2007 Silver Lake and TPG Capital LLC agreed to purchase Avaya.  This deal was completed around October 26, 2007.

Most deals with AT&T and the AT&T "family" were tax-free exchanges.  This is NOT the case with the Avaya deal.

Shareholders of Avaya should receive $17.50 per share.  Thus, for most shareholders, this will result in either a capital gain or loss.  To determine the gain or loss shareholders will need to determine their cost basis (tax basis).

The AT&T tax cost basis can most easily computed using the AT&T Divestiture Basis Tracker. You can easily order that program by clicking on the below  "Get the Software" button.

Order & Download Now! Special discounted price through 4/30/2022 $79. Regular Price $119. (3,011 KB Approx. 3 minute download [broadband]). Order licenses for additional machines.

Get more information about the AT&T Divestiture Basis Tracker.

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