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Corporate

Dec. 29, 2012

Fears over tax rate drive deals, lawyers say

California corporate lawyers say fears of a higher corporate tax rate in 2013 are forcing last-minute deal activity as 2012 draws to a close. The anxiety is also driving dividend distributions and advanced bonus payments.


By David Ruiz


Daily Journal Staff Writer


California corporate lawyers say fears of a higher tax rate in the new year are forcing last-minute deal activity as 2012 draws to a close.


The anxiety is also driving dividend distributions and advanced bonus payments.


And they say the hurry now may mean deal activity will be slow next month.


"There's an urgency to everything that we are doing here at year-end," said ...

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