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Tax Court Disallows $3.3B Losses In Partnership 'Scheme'

By Vidya Kauri · August 7, 2017, 8:25 PM EDT

The U.S. Tax Court on Monday disallowed deductions for more than $3.3 billion in losses claimed by client members in a purported partnership that was part of a tax avoidance "scheme"...

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Tax Court Disallows $3.3B Losses In Partnership 'Scheme'

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