Skip to main content

Texas Banks Fretting Over Newly Proposed IRS Rule

Texas banks are worrying that a seemingly obscure new rule proposed by the IRS could cause flight of foreign capital from the state. But as Nathan Bernier of KUT News reports, consumer advocates say that's a false alarm.

By Nathan Bernier, KUT News
Lead image for this article

Texas banks are worrying that a seemingly obscure new rule proposed by the IRS could cause flight of foreign capital from the state. But as Nathan Bernier of KUT News reports, consumer advocates say that's a false alarm.

Wait! We need your help.

I WANT TO HELP!

Explore related story topics

Demographics Immigration Border