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Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters

9 September 2025 at 17:02
The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people.

© Mark Felix for The New York Times

The Trump administration is rolling back several efforts by the Internal Revenue Service, including one aimed at a tax shelter used by Occidental Petroleum, the parent company of this chemical plant in La Porte, Texas.
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