Democrats plan to tax share buybacks and partnerships

The finance committee is also looking at changing the rules that large business partnerships have used to avoid taxation and evade Internal Revenue Service audits. Congress wrote the rules when partnerships were dominated by small businesses, such as doctor’s offices. But increasingly, partnerships are large companies or subsidiaries of large …

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‘Complex’ loan granted for £ 10 million to Manc …

Lender Fiduciam has provided a £ 5million development loan for the construction of a £ 10million seven-story residential building in Manchester. The site has been denied loans from banks and other lenders because of its complicated title deed, with free interest held by the local council and title restrictions imposed …

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