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by __anon-2023__
1204 days ago
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> In the lobbying that led to its creation, it was instituted only on net buybacks. Companies that give their executives generous share-based compensation such as Facebook parent Meta Platforms get a tax deduction on that form of pay and then dodge much or even all of the buyback tax if it is used to soak up that share issuance. What's a net buyback? The article could give some clarity of what that is for us new to the term. |
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