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BC-Business News Digest

MONEY & MARKETS

CENTERPIECE

Dividends in 2013

The deal Congress passed to avoid the "fiscal cliff" means that the dividend tax rate will remain the same for the majority of taxpayers. But individuals with income above $400,000 will pay 20 percent, an increase from 15 percent. The increase was much less than feared. How might this outcome impact dividend payments in the year ahead?

COMPANY SPOTLIGHT

Avis buying Zipcar

Shares of Zipcar soared on Wednesday following news that Avis Budget Group is buying Zipcar for $491.2 million.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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