Will potential tax changes accelerate deal activity and closed deals in 2021?
Any tax experts here? I believe when tax regulations change, the changes are often implemented retroactively (by a bit)? If this is the case, all the articles (today's WSJ, yesterday's FT, among many others) about a surge of deals (being pulled ahead to close before any potential increase in tax rates) might be in error, as the tax reg's might get backdated to encompass 2021 deals. Thoughts/corrections?