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IRS disallows $2.86B in deductions taken by Tyco

2013-07-02 06:12:38| Electronics - Topix.net

The IRS has informed Tyco International Ltd. that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its U.S. tax returns for the 1997-2000 tax years, according to a filing Monday with the Securities and Exchange Commission.

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