The Full Feed from HuffingtonPost.com: Goldman Sachs Bonuses For UK Bankers Could Be Delayed Until Top Tax Rate Falls

The Full Feed from HuffingtonPost.com The Full Feed from HuffingtonPost.com

Goldman Sachs Bonuses For UK Bankers Could Be Delayed Until Top Tax Rate Falls Jan 14th 2013, 12:49 NEW YORK (Reuters) - Goldman Sachs Group Inc is considering delaying bonus payments in the U.K. until after April 6, when the top rate of income tax in the country will drop to 45 percent, from 50 percent, a person familiar with the bank's operations said on Sunday. The strategy relates to bonuses that were deferred from 2009, 2010 and 2011, the person said. The Financial Times reported the news earlier today. Goldman recently brought forward payments of deferred stock to executives in the U.S. to 2012, in order to beat tax hikes implemented for top earners in 2013. Read More... More on Video

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