Business owners and real estate investors have quietly regained access to one of the most aggressive tax breaks in the code: ...

Bournemouth managed to avoid breaching the Premier League’s profitability and sustainability rules (PSR) after having a £71.4million shareholder loan write-off approved by the league. The south-coast ...

Buried within President Trump’s nearly 900-page One Big Beautiful Bill Act signed into law in July is a boon for the private jet lobby: Executives who use private jets for business can now write off ...

The Tribunal examined whether a creditor’s unilateral write-off automatically results in cessation of liability for the assessee. It held that such write-off requires factual verification and cannot, ...