Rank Can't Make Alcoa Pay $10M Chilean Tax, Judge Says

By RJ Vogt (March 19, 2018, 8:29 PM EDT) -- A New York federal judge ruled Monday that Alcoa Inc. shouldn't have to foot a $10 million Chilean tax bill for Rank Group Ltd. following its $2.7 billion purchase of Alcoa's packaging business, finding Rank incurred the tax by not paying off a loan it acquired in the deal....

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