Goldman Sachs To Give Employees 23 Billion In Bonuses
Geplaatst door Neo Xirtam in Economie, Kredietcrisis
Many American banks already pay minuscule federal income taxes, because of various deductions and clever tax planning; the payout-related breaks will reduce their tax bills further in coming years.
The biggest tax break will go to Goldman Sachs. It expects to award its employees $23 billion in bonuses — the most in its history — after having paid back $10 billion. Because most employee compensation is a deductible expense under tax laws, Goldman Sachs, which is technically taxed at a top corporate rate of 39 percent, will save about $9 billion in federal income taxes on the bonuses it pays out for 2009, Mr. Willens said.
Tags:Bonus, goldman sachs
Lloyd Blankfein, CEO van het almachtige Goldman Sachs, vindt dat banken het werk van God doen. Zij zorgen namelijk voor welvaart, is zijn redenering.
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