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Hedge Fund Bid to Drop $100 Million Tax Bill Gets Court Scrutiny

A hedge fund was met with tough questioning from a panel of Third Circuit judges Wednesday as it argued the IRS improperly treated it as a business rather than investors for tax purposes, which led to a $100 million tax bill.

Coverage (1)· Sep 30, 7:04 PM

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Bloomberg Tax News· Sep 30, 7:04 PMHedge Fund Bid to Drop $100 Million Tax Bill Gets Court Scrutiny

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