As WPI covered on 29 July, after many months of negotiating with Senator Joe Manchin (D-West Virginia), Senate Majority Leader Chuck Schumer (D-New York) came to an agreement for a much scaled down version of President Biden’s Build Back Better plan that Manchin and Senator Krysten Sinema (D-Arizona) scuttled in 2021. After several days of consultation with Sinema, she came on board too. The bill is known as the Inflation Reduction Act. To gain her support, Schumer had to take out the provision to eliminate the carried interest provision, which taxes private equity and venture capital income at 15 percent rather than a higher applicable income tax rate. She also got some changes to the 15 percent book profit corporate minimum tax, an...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.