When encumbered property is sold, the taxation of that sale is different if the sale involves recourse debt as opposed to nonrecourse debt. This difference raises an intriguing question: when debt ...
HONG KONG, Feb 4 (Reuters) - State-owned China National Chemical Corp (ChemChina) plans to borrow about $30 billion in recourse loans to help fund its $43 billion bid for Swiss seeds and pesticides ...
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