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Reuters: Senate report says dividend taxes being dodged

Started by chris, September 11, 2008, 11:00:24 AM

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chris

Senate report says dividend taxes being dodged
      


WASHINGTON (Reuters) - U.S. financial institutions are using stock swaps and intricate loan transactions to help foreign investors avoid paying billions of dollars in taxes on dividends paid by U.S. companies, according to a Senate report to be released on Thursday.
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