Joseph Perry, Partner-in-Charge, Tax & Business Services, Quoted in CNNMoney.com Article "Dividends are Cool. Apple Proves It"
By Paul R. La Monica
Joseph Perry, Partner-in-Charge of the Tax & Business Services practice at Marcum LLP, an accounting firm in New York, added that many companies may want to make announcements on dividends before potential new rules in Congress that will significantly raise the tax rate for dividends go into effect next year.
Perry said rewarding shareholders with a few quarters of dividend payments this year before the higher rates kick in makes a lot of sense.