Cyber acquisitions, the internet tax debate, and the R&D tax credit

Thursday - 8/2/2012, 7:00pm EDT

Capital Impact 0802

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This Week on Bloomberg Government's Capital Impact with host Allen Scott:

  • Companies looking to expand their government business have been increasingly targeting cybersecurity companies for mergers and acquisitions. Defense Finance Analyst Sopen Shah identifies the reasons for the trend and identifies which companies are most attractive.

  • As new technologies utilize cloud services for data storage, outdated tax laws leave questions over the tax charge for software and services purchased on the web, sparking debate within Congress and many state capitals. Financial Analyst Afzal Bari explores the future of the Internet tax debate.

  • The popular R&D tax credit, used to spur innovation within U.S. companies, may have a chance for extension despite expiring at the end of 2011. According to a Bloomberg Government analysis, the credit could be worth $67 billion over the next ten years, benefiting manufacturing companies and those in the professional, scientific and technical services industries. BGOV Tax Policy Analyst Matthew Caminiti examines the benefits of the R&D tax credit and its potential for extension.


GUEST BIOGRAPHIES:

Allen Scott (moderator) specializes in customer on boarding and training at Bloomberg Government. Allen previously worked at Arbitron, Inc. where he served in a variety of roles from customer service to sales operations manager. Prior to Arbitron, Allen worked in radio for several years in the Washington and Baltimore areas. Most recently he spent six years at 99.1 HFS as co-host and news director.

Sopen Shah is a financial analyst with a focus on the defense industry. Prior to joining Bloomberg Government, she was a management consultant at McKinsey & Company. In this position, she focused on corporate strategy in the public and private sectors. She graduated magna cum laude from Harvard University with a degree in philosophy and political science.

Afzal Bari is a financial analyst at Bloomberg Government, focusing on technology and telecommunications. He advised senior executives at large global firms as a strategy consultant with the Corporate Executive Board. Bari holds an MBA from Duke University and undergraduate degrees in information technology and government.

Matthew Caminiti is a tax policy analyst for Bloomberg Government. He previously worked for the Comptroller of Maryland, where he served on the state's Business Tax Reform Commission and completed a comprehensive study on Maryland's tax system. His undergraduate degree is from Boston College, and he received his MBA from Loyola University in Maryland.