Congress weighs multibillion-dollar tax cut for private credit investors
Deal under consideration would limit taxes on dividends even as spending plan deepens debt and cuts programmes for poor
Deal under consideration would limit taxes on dividends even as spending plan deepens debt and cuts programmes for poor

Billions of dollars flow into funds designed to reduce capital gains tax or minimise tax on interest or dividend income

Europe’s debt crisis demands a new public spending model

Backers of business development companies are now trying to right a perceived wrong

Foundations may reduce distributions by up to a fifth in response to spending plan’s tax rise on endowment profits

Scott Bessent says deal with G7 will stop so-called Pillar 2 taxes from applying to American companies

One think-tank calls for the basic rate to rise to 16.5%, which would generate an extra £1.5bn for the Treasury