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People
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Organizations
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Locations
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Events
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Relationships
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Quotes

Document Information

Type: Email
File Size: 915 KB
Summary

This is an email from Jeffrey E. to Melanie Spinella and Brad Wechsler, dated October 26, 2015, with the subject "draft". The email outlines financial calculations regarding "phaidon and art space," estimating a long-term loss of $90-98 million and potential tax savings of $38.7-44 million based on various tax rates.

People (4)

Organizations (2)

Name Type Context
phaidon
JEE

Relationships (3)

jeffrey E. email correspondence Melanie Spinella
jeffrey E. email correspondence Brad Wechsler
Brad Wechsler Reviewed financial details together joe

Key Quotes (2)

"phaidon and art space. combined basis 96 million, ( reviewed with brad and joe.). add ten for restructuring . basis 106. mi. subtract total sale price. for both, lets say approx $8 - 15m . leaving loss of between 90 and 98 million long term loss."
Source
HOUSE_OVERSIGHT_030381.jpg
Quote #1
"AMT rate 28 % obama . tax 3.8% . city and state 12% total aprox 43 %. tax rate. savings 38.7 - 44 m"
Source
HOUSE_OVERSIGHT_030381.jpg
Quote #2

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