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Message Boards Settings Magic Software Enterprise (MGIC) - Quote Info
Re: 37 million in cash      6-Nov-09 10:39 am    
I'd prefer to use excess cash for share buy-back. For every dollar of dividend they give me, as they did a few years back, I get to keep about 58c. That's a pretty lousy use of excess cash.
What would be the equivalent situation for a high income earner, in the top marginal tax rate, in Israel be?
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If they have so much cash and do not know what to do. W...
jinyaohua@s... (1 Rating) 5-Nov-09 12:06 pm  
 
Re: 37 million in cash
tibco_monke... (1 Rating) 6-Nov-09 10:39 am  
 
20% for everyone. The income doesn't matter.
weda_IL (1 Rating) 13-Nov-09 10:22 pm  
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Magic Software Enterprises Ltd. (MGIC)

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