Regulation
Private Foundation Tax Could Change Charitable Giving
Affected institutions could look to offset the tax by chasing higher yields or to avoid the tax completely by using donor-advised funds.
Tag: capital gains tax
Research
Debt Ceiling Stalemate: End Date for Washington’s Pay Ability May Arrive Sooner
The so-called ‘X-date’ could come in June instead of August, say studies by Goldman Sachs and Wrightson ICAP, based on lower-than-estimated federal tax receipts.
Regulation
Biden Budget Proposes End to Carried Interest, Higher Tax on Buybacks
The proposal would repeal the carried-interest provision and 1031 exchanges.
Market Moves
Dimon: Minimum Tax on Corporate Proceeds Abroad Is a Very Bad Idea
JPM chief, joined by Citi’s Fraser, says Biden plan will backfire on the US.
Market Moves
Will Biden Tax Hikes Torpedo Venture Funding?
Nope, says VC icon Patricof, although fellow startup capital ace Tim Draper disagrees.
Market Moves
Don’t Worry: Higher Cap Gains Tax Won’t Zap the Market, UBS Says
And it probably won’t be as high as Biden wants, Goldman adds.
Market Moves
Maybe a Biden Cap Gains Hike Won’t Keelhaul the Stock Market
Despite investor qualms, equities should keep heading north, JPM predicts.
Market Moves
Ebbing M&A Activity May Just Be Rebounding, Says Wells Fargo
The economic slump has held down merger action in 2020.
Newsmakers
More Federal Spending Means Higher Taxes, Says Leon Cooperman
Tax breaks like those on capital gains will end, hedge fund hotshot predicts, if either Trump or Biden wins.