Greek Mining Co. Owes Tax For $4M Spinoff, DC Circ. Hears

By Chuck Stanley ( October 9, 2018, 6:46 PM EDT) -- A U.S. tax judge improperly applied a Treasury regulation when he ruled that a Greek mining company did not owe U.S. taxes on roughly $4 million in gains from its sale of holdings in a Pennsylvania-based magnesite producer and distributor, the Internal Revenue Service said Tuesday before a D.C. Circuit panel....

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