Friday, January 6, 2012

Yet Another Distraction for Yahoo

Yahoo (NASDAQ: YHOO ) never seems to be out of the headlines. The problem is
that the news is usually not so good or shows the latest drama or distraction.
Just look at a recent report from Bloomberg.com: Yahoo is now trying to figure
out how to avoid paying as much as $4 billion in taxes that would be due for
selling off a huge chunk of its Asian assets. While this is certainly a smart
thing to do, it still involves a highly convoluted set of transactions. In tax
lingo, the structure is called a cash-rich split-off. It essentially tries to
lower the cash amount by swapping operating assets between the parties. This
means Yahoo, Alibaba and Softbank may need to engage in a variety of
acquisitions, which could be a long process. In fact, it looks like some of the
companies may include

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...