High Court Won't Take Up Dow's $1B Tax Shelter Case
By Vidya Kauri ( January 9, 2017, 11:05 AM EST) -- The U.S. Supreme Court on Monday refused to consider Dow Chemical Co.'s appeal of a Fifth Circuit ruling upholding a 20 percent tax penalty after it was found that the chemical giant had engaged in sham investment partnerships generating about $1 billion in bogus tax breaks....
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