Become an InsiderLarge private-equity firms are looking to sell assets before Jan. 1 with the expectation that tax rates will increase in 2021, sources tell Business Insider.
Even if Trump remains in office, experts say the government will need to raise revenue through taxes to fund COVID relief plans. Under Biden's plan, he intends to increase the corporate tax rate from 21% to 28%, as well as nearly double the long-term capital gains maximum tax, from 21% to 39.6% for individual taxpayers earning more than $1 million.
"It's a very real issue on people's minds," said Kimberly Smith, co-chair of the global mergers and acquisitions and private equity practice at law firm Katten Muchin Rosenman.
I’m praying for President Trump TrumpCovid Trump2020
Tax on the rich is tax everything they have, sold or not sold. At least that’s how they tried to do it in Germany. Didn’t work.
Finally some good news.
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那就别投拜登的票！
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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