Mining Co.'s $19M Foreign Funds Taxable, 5th Circ. Affirms
By Molly Moses ( January 19, 2018, 3:58 PM EST) -- The Fifth Circuit on Thursday affirmed a U.S. Tax Court ruling that $19 million of investor funds wired to the owner of a Texas mining company was taxable as income from a foreign company because the owner used much of the money for personal expenses. ...
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