Cart 0 $0.00
IRE favicon


Resource ID: #20394
Subject: Taxes
Source: Wall Street Journal (New York)
Date: 1997-11-06


Michael D. Thomson, a Washington bureaucrat, uncovers a new ploy major corporations are using to generate billions of dollars worth of tax deductions. The maneuver, which is known as "step-down preferred stock," helped corporations elude federal income taxes by increasing the deductibility of loan repayments.

This file is not available for digital download. IRE members may place an order by emailing

109 Lee Hills Hall, Missouri School of Journalism   |   221 S. Eighth St., Columbia, MO 65201   |   573-882-2042   |   |   Privacy Policy
apartmentpenciluserscalendar-fullcrossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram
My cart
Your cart is empty.

Looks like you haven't made a choice yet.