Judge OKs Lawsuit Vs. Toys "R" Us Licensing Unit
The Louisiana Department of Revenue claims the unit, Geoffrey Inc., owed Louisiana more than $800,000 when the lawsuit was filed last year--an amount that the state claims has grown to $1.2 million with interest.
In the three years for which Louisiana is claiming taxes, Toys "R" Us paid $425 million in royalties. The state...
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