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The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
Stars and Stripes· 4 days agoBiden administration officials said after evaluating the practice that there are no economic grounds for these transactions, with Deputy Treasury Secretary Wally& ...
Treasury, IRS To 'Close Major Tax Loophole' To Bring $50 Billion In Government Coffers
International Business Times· 3 days agoThe U.S. Treasury Department and the IRS are working together to "close a major tax loophole" often...
IRS plans to raise $50 billion over 10 years, closing loophole exploited by the wealthy
NBC NEWS· 3 days agoThe loophole allows such taxpayers, as well as businesses, to move assets between entities in a way...
The Treasury Department and IRS announce new plan to close tax loophole
Marketplace· 2 days agoThe Treasury Department and the IRS announced a new initiative this week to close a tax loophole...
Gateway - Quartz
Quartz· 3 days agoAccording to a letter sent by Deputy Treasury Secretary Wally Adeyemo to several banking groups, seen by Quartz, Project Fortress will ...
