Reader comment on: Steve Cohen's 'Take-Home'
in response to reader comment: He buys lots of art
Submitted by Tom E. (United States), May 6, 2011 17:34
Without having done any actual research on SAC in particular, I believe it's possible to take SAC's profit in the form of compensation and skip the corporate income tax, paying instead the lower, individual rate. He could then probably reinvest that back into SAC.
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Other reader comments on this item
|He buys lots of art|
[w/response] [40 words]
|ben||May 6, 2011 15:04|
|↔ ⇒ Taxes [44 words]||Tom E.||May 6, 2011 17:34|
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