Warner Chilcott has issued a special dividend of $8.50 per
share. bivio autosync treated the entire proceeds as a
dividend. Based on the guidance posted by the company,
treasurers will need to adjust this entry next year when
they receive the 1099 before running the tax report.

Purpose of this post: 1) inform other treasurers about the
special treatment required for this dividend; and 2) confirm
that each treasurer, not the bivio team, will need to make
the adjustment next year before doing taxes. If my
assumption is incorrect, I request confirmation from one of
the experts.

Jack Ranby
Grants Partners - Phoenix AZ

Guidance issued by the company.
Because the amount of the proposed special cash dividend
that would be treated as a dividend for U.S. tax purposes
would depend on the amount of its current and accumulated
earnings and profits as determined for U.S. tax purposes as
of the end of 2010, the Company is not in a position to
determine what portion of the special cash dividend would be
treated as a dividend for U.S. tax purposes at this time.
The portion of the special cash dividend that is treated as
a dividend for U.S. tax purposes would be reported on the
Forms 1099 sent to shareholders in 2011. The Company expects
that any portion of the special cash dividend that
constituted a dividend for U.S. tax purposes would
constitute a "qualified dividend" for U.S. tax purposes. To
the extent that the special cash dividend received by a
shareholder exceeded the portion treated as a dividend for
U.S. tax purposes, the excess would first be treated as a
return of a taxpayer's tax basis in our ordinary shares and
thereafter as capital gain.