May 16, 2019
Bloomberg News quoted Partner Jeffrey Winkleman, partner-in-charge of Corporate Tax Compliance and Planning, about Senator Marco Rubio's proposed plan for taxing corporate stock buy-backs.
By Laura Davison
Featured: Jeffrey Winkleman, Partner-in-Charge, Corporate Taxation
Excerpt:
But Rubio's plan isn't enough to turn corporations off from buybacks, one of the favorite ways to spend extra cash, said Jeffrey Winkleman, partner-in-charge of corporate taxation at accounting firm Marcum. "It's not like all of a sudden there will be no buybacks or dividends," he said. If Rubio's plan became law "you might have some companies thinking twice, but you're not going to see it stop."
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.
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