U.S. Treasury to review new tax break for banks
A rule announced Sept. 30 allows banks to use all “troubled asset” losses from banks they buy to reduce their tax bills.

A rule announced Sept. 30 allows banks to use all “troubled asset” losses from banks they buy to reduce their tax bills.
Disclaimer: The information on this site is for educational
purposes only.
It is not intended as a substitute for the advice of a qualified tax professional.
We assume no responsibility for the use or misuse of information contained on this site.
Contact:
Copyright © 2005 Tax How To.com All Rights Reserved