Gov't Sues Gambling Co. Founder For $56.5M IPO Tax Bill

By Braden Campbell (August 2, 2016, 4:51 PM EDT) -- The Internal Revenue Service asked a Pennsylvania federal court Monday to make the former owner of one of the world's largest foreign gambling companies pay back $56.5 million in taxes he owes on stock sales in 2004 and 2005, citing an Eighth Circuit decision from last year allowing the agency to collect on the bill....

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