4 ms·
False, for corporations, share buybacks are not deductible as a cost and thus come from post tax profits. The main reason for share buybacks is it allows you t
by mrep 7y ago
False, for corporations, share buybacks are not deductible as a cost and thus come from post tax profits. The main reason for share buybacks is it allows you to defer taxes until you want to sell [0].
[0]: https://en.wikipedia.org/wiki/Share_repurchase#Tax-efficient_distribution_of_earnings https://en.wikipedia.org/wiki/Share_repurchase#Tax-efficient...