US Tax Court Slims IRS Bill For Good-Faith Transferee
By Ama Sarfo ( April 3, 2014, 7:38 PM EDT) -- The U.S. Tax Court on Thursday partially freed a trust from a $24.3 million tax bill on corporations it used to own after ruling the trust sold the companies in good faith and was unaware of a tax-avoidance scheme the purchaser allegedly implemented....
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