Tax Watch: Buyers of failed thrifts lose on tax deductions
Financial institutions that bought assets and liabilities of failed thrifts have lost a suit charging that the government…
Financial institutions that bought assets and liabilities of failed thrifts have lost a suit charging that the government reneged on its promise of tax deductions.
In 1988, the institutions entered into agreements with the Federal Savings and Loan Insurance Corp. that helped the institutions buy th
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