On the issue of dividend taxation, Barack Obama may be the candidate with the best chance of preserving George Bush's legacy.
"The biggest economic impact is going to be the fiscal cost," said Alan Auerbach, a tax economist at the University of California who has studied the issue of dividend taxes.
"Europe would like to speak with one voice, not only within data protection but by approaching this issue of digital dividend, monopolies in a better way — not per sectors," Buttarelli tells TechCrunch. .
Indeed, it is so conscious of investors' desire for dividends that it is planning to circumvent that restriction with a capitalisation issue in lieu of dividends for 2008, and is promising a return to cash dividends for 2009.
And of course there was the double taxation of dividends issue.
Conceding that the mere issue of a stock dividend makes the recipient no richer than before, the government nevertheless contends extent to which the gains accumulated by the extend to which the gains accumulated by the corporation have made him the richer.
This little run has been fueled by management's decision earlier this month to issue cash dividends of 5.98 pesos per American Depositary Share to be paid out in three installments on May 14, July 9 and October 8 of this year.
Also be aware that more and more REITs are taking advantage of a one-year exception to issue their dividends in the form of stock (See "REITS: Take My Stock Please"), which is an action we frown on since people investing for income naturally want cash.
She has held her full title only since last year, but telecommunications officials here and abroad say her fresh approach to the issue of jamming has already paid dividends.
And in this mix, there's also the issue of how you measure the risks — the present value of dividends.
