The IRS and Treasury Department on Monday unveiled a plan to end a major tax loophole used by wealthy taxpayers, a move that could generate as much as $50 billion in revenue over the next decade ...

The U.S. Treasury and Internal Revenue Service said on Monday they will close a tax loophole exploited by large, complex partnerships, an action that they estimated could raise $50 billion in new ...

The Treasury Department and IRS announce new plan to close tax loophole It could lead to collecting more than $50 billion dollars in tax revenue over ten years.

The IRS and Treasury Department on Monday unveiled two new rules aiming to end "a major tax loophole" that the wealthiest Americans have used to avoid paying tens of billions of dollars in taxes.

The IRS says it's closing a tax loophole that has allowed the wealthy to make billions of dollars in taxable income disappear.

The U.S. Treasury Department and the IRS are working together to "close a major tax loophole" often abused by complex and large partnerships to lower tax liabilities. Once implemented, this ...

The US Treasury announced new rules on Monday to crack down on 'partnership basis shifting' as they warned they were coming after $160 billion owed by the top 1 percent of earners each year.

The Treasury Department and the IRS on Monday unveiled a plan to “close a major tax loophole” used by large, complex partnerships.

The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 billion in tax revenue over the next decade.