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Santander Says IRS Twisting UK Deal To Deny $234M Award

By Michael Macagnone (August 16, 2016, 6:13 PM EDT) -- The Santander Group pushed back on the U.S. government's First Circuit appeal of a $234 million tax award issued to the group's U.S. unit in a dispute over an international securities transaction, on Monday maintaining that the government has twisted the transaction to call it a "sham."...

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