Russian KFC Owner Can Be Taxed On Stock Sale: 3rd Circ.

By Joyce Hanson (August 18, 2017, 6:05 PM EDT) -- A Third Circuit panel on Friday largely affirmed a U.S. Tax Court decision that the primary shareholder in a company that owned most of Russia's Pizza Huts and KFCs could be taxed on stock he bought from a minority shareholder, saying the primary shareholder must accept the "consequences of his business decisions."...

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