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 Gary McGaghey Elaborates On What Every CFO Can Expect With The New Corporate Tax Laws

Posted on November 4, 2021November 5, 2021 by designingireland

Gary McGaghey is an experienced chief financial officer who has led many different companies internationally. Gary McGaghey is an expert in private equity and he is currently the chief financial officer at Williams Lea Tag. An example of some big-name firms Mr. McGaghey has been a chief financial officer for Nelsons, Robertsons, and Unilever. Mr. McGaghey is very educated and has received multiple degrees and multiple different certifications in finance. Gary McGaghey is a graduate of the University of South Africa. He also attended the University of Natal. He has an advanced degree and a bachelor’s degree in Commerce. Mr. McGaghey has a diploma as a non-executive director. He is also a chartered management accountant and a chartered accountant.

Chief financial officers all across the United States are on edge because they know that the Biden administration will be changing the corporate tax policy. This change is supposed to occur this year in 2021. No one is exactly sure when the tax policy will change, but they are bracing and preparing themselves for it. President Joe Biden and his administration plan on making changes to the international tax regiments. The Biden Administration also plans on making a significant raise to the federal corporate income tax. This raise to the federal corporate income tax could be up to 28%.

This increase in the federal corporate income tax will impact every business across the United States. This is why chief financial officers such as Gary McGaghey are putting their heads together so they can understand these laws in depth. If these laws are understood then, companies will know how to make investment decisions based on these laws. If companies understand these laws, they will see if they need to change how they spend their cash and operate daily. Read more: https://www.abcmoney.co.uk/2021/09/21/gary-mcgaghey-shares-four-tips-for-private-equity-companies-to-improve-cash-strategies/

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