MrCurly you are assuming this capital gains tax is paid now or...

MrCurly you are assuming this capital gains tax is paid now or at some point before the distribution of Syr shares is made. I understood a tax only become liable once the profit has been realized? IE. The shares are sold or disposed of? Please correct me if I am wrong I am not a corporate tax accountant. If the shareholders vote for a distribution of the Syr shares now and that takes places, it is then up to the CSE board to wind up the company if it can't pay its tax liabilities however they are calculated . If that happens so be it, the shareholders own their SYR stock .