CarMax Distorted SC Activity To Lower Taxes, Judge Says

By Maria Koklanaris · July 15, 2024, 8:23 PM EDT

CarMax Auto Superstores Inc. used intercompany transactions to distort an entity's business activity and thus its tax burden in South Carolina, an administrative law judge ruled, finding the company should have...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login