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Taxation & Estate Planning
: TaxProf BlogGM's Tax Shelter Not Avaialable to Other Car Makers (or Other Taxpayers)
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Wall Street Journal editorial: GM?s Tax Shelter: Another $16 billion Not Available to Other Car Makers: As everyone else?s taxes rise, one favored outfit may not have to pay federal taxes for years: General Motors. In another sweet deal from its benefactors on Pennsylvania Avenue, the government-owned car company is...Full post as published by TaxProf Blog on August 01, 2009 (boomark / email).
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