Deborah Paul comments on Avi-Yonah dividend deductibility proposal for corporate integration

Some time back (on October 4 of this year), I was a commentator, along with Deborah Paul of Wachtell, Lipton, Rosen, and Katz, on a paper by Reuven Avi-Yonah of U. Michigan Law School concerning dividend deductibility as a corporate integration method. A link for Reuven's paper is available at my blog entry here, and my comments at the session are available here.

Debbie Paul, whose comments I thought were quite good, has now published a written version on SSRN. It is available here.