World May 4, 2021

Biden tax rule would take billions from biggest fortunes at death

Ending the current practice of stepping up the tax basis of inherited assets and raising the capital gains tax rate would amount to the biggest curb on dynastic wealth in decades.

World Mar 15, 2018

Brooklyn sale by Kushner family firm, at 60% premium, linked to NTT — one-third owned by Japan's government

Two months after Jared Kushner joined the White House as a senior adviser, his family firm sold a stake in a Brooklyn building to a unit of a company whose largest shareholder is the government of Japan. The buyer of record in the $103-million deal ...