Julie Weil

Dec 4, 2024 | ca.finance.yahoo.com | Julie Weil

The Biden administration has doubled its estimate of how much money it can collect by cracking down on an arcane tax avoidance scheme. Months after saying it expects to collect at least $50 billion over the next decade by stopping large business partnerships from manipulating the taxable value of assets or depreciating the same assets repeatedly for tax deductions, the Treasury Department has quietly updated its forecast to more than $100 billion.

Dec 4, 2024 | finance.yahoo.com | Julie Weil

The embattled supermarket said its lenders had agreed to a £155m top-up of funds on an existing loan, which is due for repayment 2031, to help pay off more pressing debts falling due over the next 24 months. Along with £155m of cash from its balance sheet, Asda will use the proceeds of the loan to pay off £310m of debt maturing in 2025 and 2026. The move to secure some breathing space comes just days after Asda came under scrutiny over its high debt levels.

Dec 4, 2024 | detroitnews.com | Julie Weil

The Biden administration has doubled its estimate of how much money it can collect by cracking down on an arcane tax avoidance scheme. Months after saying it expects to collect at least$50 billion over the next decadeby stopping large business partnerships from manipulating the taxable value of assets ordepreciating the same assets repeatedly for tax deductions, the Treasury Department has quietly updated its forecast to more than $100 billion.

Dec 4, 2024 | msn.com | Julie Weil

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Dec 4, 2024 | msn.com | Julie Weil

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