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Ga. Auto Dealer Fights $28M Tax Bill Over Asset Transfers

By Jimmy Hoover (April 28, 2016, 12:50 PM EDT) -- A Georgia auto dealership has protested $28 million in tax deficiencies and penalties stemming from the IRS's decision to nix deductions associated with note transfers to its financing wing, insisting to U.S. Tax Court that the transfers were legitimate deals between separate companies....

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