|
Shanaz Hemmati, COO and co-founder of ZenBusiness, reveals what makes leaders and their companies strong.
|
|
Print section
Print Rubric:
So-called pass through firms may soon get a big tax cut
Print Headline:
Pass whos?
Print Fly Title:
Business taxes
UK Only Article:
standard article
Issue:
The army sidelines Robert Mugabe, Africa''s great dictator
Fly Title:
Pass whos?
Location:
WASHINGTON, DC
Main image:
20171118_USP503.jpg
PRESIDENT DONALD TRUMP broke with convention by not releasing his tax returns during his campaign for office. One reason might be his involvement in around 500 'pass-through' firms. The profits (and losses) of such businesses, unlike those of traditional corporations, flow directly onto the tax returns of their owners. So Mr Trump has good reason to pay attention as Republicans in Congress try to decide how such firms should be treated.
Rich countries typically allow sole ...
|
|