9th Circ. Revives $89M Tax Fight Tied To Broadcom Founder
By Vidya Kauri ( August 4, 2015, 4:12 PM EDT) -- The Ninth Circuit on Monday revived a challenge by five companies tied to billionaire Broadcom Corp. co-founder Henry Nicholas to the Internal Revenue Service's rejection of tax losses of nearly $89 million the agency claims were part of a larger scheme to offset Nicholas' U.S. income through tax losses borne by partnerships with foreign entities....
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