Bloomberg Tax
March 26, 2020, 4:27 AM

Virus Tax Breaks Could Boost Walmart, Vodka Distillers, Students

Laura Davison
Laura Davison
Bloomberg News

Large retailers like Walmart Inc. and Target Corp., as well as student loan borrowers, are on a long list of potential winners from tax breaks included in a $2 trillion coronavirus relief bill approved by the Senate.

The stimulus package would provide swift tax relief for companies struggling to pay employees and operating costs. It also includes a tax break that could benefit distillers like Tito’s Handmade Vodka that are now making hand sanitizer, according to the legislation.

Lawmakers also took the opportunity to fix an error in the 2017 Republican tax law that helps restaurants and ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.