Oregon Hits Back At WaMu Over $29M Tax Claim

Law360, Wilmington (September 21, 2012, 9:49 PM EDT) -- The Oregon Department of Revenue demanded Thursday that Washington Mutual Inc. pony up $29 million for back taxes, rejecting the holding company’s claim that it never did business in the state and that the taxes are owed solely by its long-defunct banking affiliates.

In a brief filed in Delaware bankruptcy court, the state argues that, as a savings and loan holding company, WMI’s operations were inseparable from those of its banking subsidiaries, led by Washington Mutual Bank.  WaMu Bank cratered in 2008 in the biggest bank...
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