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10th Circ. Sides With IRS On Buy.com Founder's Back Taxes

By David McAfee (December 18, 2013, 6:07 PM EST) -- The Tenth Circuit found Wednesday that a U.S. Tax Court rightly upheld an Internal Revenue Service head's imposing penalties on Buy.com's founder for underpayment of taxes, ruling that an offshore transaction was designed to produce nothing more than tax advantages....

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