Is the stock split a taxable transaction for Monsanto shareowners?
The receipt of these additional shares will not result in taxable income under existing U.S. tax law. The tax basis of each share owned after the stock split will be half of what it was before the split. The new shares will be treated as if they were acquired on the same date as the shares with respect to which they were issued. Individual shareowners should consult with their personal tax advisor regarding their specific tax circumstances.
