#tax-loopholes

[ follow ]
Fortune Europe
1 week ago
Startup companies

Superdry's boss would force Shein to pay more taxes if he could

Shein's U.K. IPO faces obstacles due to criticism over its exploitation of tax loopholes. [ more ]
Truthout
10 months ago
Left-wing politics

Democrats Seek to End Major Billionaire Tax Avoidance Scheme in New Senate Bill

A proposed bill aims to end tax loopholes that allow billionaires to avoid paying taxes on a significant portion of their incomes and assets.
The Billionaires Income Tax Act would tax unrealized capital gains, targeting the practice of 'buy, borrow, die' utilized by wealthy Americans. [ more ]
Fast Company
3 months ago
Business

IRS crackdown on 'partnership basis shifting'-a major tax loophole for the wealthy-could raise $50 billion

The IRS aims to close tax loopholes for wealthy taxpayers, potentially generating $50 billion in revenue over the next decade. [ more ]
[ Load more ]