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President Biden’s Fiscal 2024 Proposed Budget Includes Tax Rate Increases, and Several Executive Compensation and Employee Benefits Changes

Cleary M&A and Corporate Governance Watch

However, we expect that there will be lots of negotiating over the fiscal 2024 budget, so one or more of these proposals may find their way into the final budget. We will publish updates as these proposals evolve. This prohibition would be effective for DISCs and FSCs acquired or held after December 31, 2023.