TaxCorporate TaxAre banks mistrustful of partnerships?

Are banks mistrustful of partnerships?

We've heard reports of banks refusing loans to professional partnerships unless the firms can prove the money is not being used for tax avoidance purposes

We’ve heard reports of banks refusing loans to professional partnerships unless the firms can prove the money is not being used for tax avoidance purposes.

Is this something you have come across? If so, do let me know at jaimie.kaffash@incisivemedia.com

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