The Treasury Department and the IRS announced a new initiative this week to close a tax loophole known as “partnership basis shifting.” That’s where businesses use different legal entities ...

WASHINGTON, June 17 (Reuters) - The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex partnerships, an action that they estimated ...

The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to "close a major tax loophole" used by large, complex partnerships. The plan targets so-called "related party basis ...

June 17 (UPI) --The IRS and Treasury Department on Monday unveiled two new rules aiming to end "a major tax loophole" that ... are now in effect as the United States launched a 50% duty directly ...

The U.S. Treasury Department and the IRS are working together to "close a major tax loophole" often abused by complex and large partnerships to lower tax liabilities. Once implemented, this ...

The IRS and Treasury Department unveiled a plan to close a loophole used by the nation’s ultra-wealthy and raise $50 billion in tax revenue in the next decade.

Donation Options Search Search Search A sign for the Internal Revenue Service building in Washington. The IRS plans to end another major tax loophole ... the U.S. Treasury Department said.

The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to "close a major tax loophole" used by large, complex partnerships, which could raise more than an estimated $50 billion ...