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Illinois parts-maker fights U.S. IRS over cross-border tax deal

2014-06-09 13:57:39| Industrial Machines - Topix.net

The U.S. Internal Revenue Service and manufacturer Illinois Tool Works Inc are battling in U.S. Tax Court over a $356.8 million dispute that highlights a type of cross-border tax avoidance strategy facing increased scrutiny worldwide.

Tags: tax deal illinois irs

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