In an article published Aug. 29, 2022, in Agenda, Partner Jeff Paravano weighed in on how a new buyback tax set to go into effect next year is likely to affect companies’ behavior now. In “New Buyback Tax Spurs Rethink on Capital Allocation,” Paravano said that many companies with the capacity to do so will accelerate buybacks originally planned for next year to occur before the new nondeductible tax goes into effect on Jan. 1, 2023.
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