SunTrust’s Bob Peck- Yahoo’s Alibaba Spin Could Be Taxed As Much As 65%

While Yahoo(YHOO) still persists in its hope that its spinoff of Aabaco Holdings and its Alibaba(BABA) stake will be tax free, one analyst believes that investors have not been properly evaluating the worst case.  Bob Peck of SunTrust Robinson Humphrey believes that taxes may be as high as 65% of the Alibaba stake’s value. Why does he believe that?… Read More »