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BofA Deserves Tax Refunds On Merger Interest, 4th Circ. Told

By Anna Scott Farrell (May 22, 2024, 1:00 PM EDT) -- The IRS should not have been allowed to keep the interest paid on 23 years' worth of tax underpayments by seven companies that merged into Bank of America, the company told the Fourth Circuit, arguing that the underpayments should be offset by overpayments under merger law....

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