BIZ NEWS: America's community banks in danger of extinction due to credit union tax loophole - BUSINESS DAILY

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Monday, 1 April 2019

Home BIZ NEWS FOX NEWS BIZ NEWS: America's community banks in danger of extinction due to credit union tax loophole

BIZ NEWS: America's community banks in danger of extinction due to credit union tax loophole


America's community banks in danger of extinction due to credit union tax loophole



Credit unions, awash in cash because of their tax-exempt status, are buying banks in cash deals -- and it is resulting in the annual loss of tens of millions in tax monies.

via FOX BUSINESS NEWS https://ift.tt/2FKtAV2
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