Published 4 years ago

AIG settles U.S. tax shelter lawsuit

Summary by Reuters

American International Group Inc agreed to settle a tax shelter lawsuit related to the entering of sham transactions designed to generate bogus foreign tax credits, Acting U.S. Attorney Audrey Strauss in Manhattan said on Friday.

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Yahoo News

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday. Acting U.S. Attorney Audrey Strauss in Manhattan said the settlement

3 years ago·Los Angeles, United States

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Reuters

AIG settles U.S. tax shelter lawsuit

4 years ago·United Kingdom

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National Post

U.S. says AIG settles tax shelter lawsuit, will forgo foreign tax credits

NEW YORK -- American International Group Inc agreed to settle a tax shelter lawsuit related to the entering of sham transactions designed to generate bogus foreign tax credits, Acting U.S. Attorney Audrey Strauss in Manhattan said on Friday. Read More

4 years ago·Canada

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Today

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

NEW YORK - American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday.

4 years ago·Singapore

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OAN

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

October 23, 2020NEW YORK (Reuters) – American International Group Inc agreed to settle a tax shelter lawsuit related to the entering of sham transactions designed to generate bogus foreign tax credits, Acting U.S. Attorney Audrey Strauss in Manhattan said on Friday.AIG agreed to the disallowance of more than $400 million in foreign tax credits and the imposition of a 10% tax penalty, Strauss said.The government said AIG had filed a tax refund la…

4 years ago·San Diego, United States

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STL News

New York: Acting Manhattan U.S. Attorney Announces Settlement Of Tax Shelter Lawsuit

New York: Acting Manhattan U.S. Attorney Announces Settlement Of Tax Shelter Lawsuit Against AIG For Entering Into Sham Transactions Designed To Generate Bogus Foreign Tax Credits (STL.News) – Audrey Strauss,… The post New York: Acting Manhattan U.S. Attorney Announces Settlement Of Tax Shelter Lawsuit appeared first on STL.News.

4 years ago

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AIG settles U.S. tax shelter lawsuit

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U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

AIG settles U.S. tax shelter lawsuit

AIG settles U.S. tax shelter lawsuit

U.S. says AIG settles tax shelter lawsuit, will forgo foreign tax credits

U.S. says AIG settles tax shelter lawsuit, will forgo foreign tax credits

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 million tax credits

New York: Acting Manhattan U.S. Attorney Announces Settlement Of Tax Shelter Lawsuit

New York: Acting Manhattan U.S. Attorney Announces Settlement Of Tax Shelter Lawsuit

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