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Taxation & Estate Planning

: TaxProf Blog

Goldman Sachs Agrees to Forgo Tax Deduction for $550m Settlement With SEC

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Bloomberg, Goldman Waives Tax Deduction on SEC Settlement, by Ryan J. Donmoyer: Goldman Sachs Group Inc. agreed to waive tax deductions it could have claimed after paying a $550 million penalty in a settlement with U.S. regulators, giving up as much as $187.5 million in savings. In yesterday?s settlement with...

Full post as published by TaxProf Blog on July 16, 2010 (boomark / email).

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