NJ Justices Nix Kraft's Bid To Duck Tax On $934M Interest

By Bill Wichert ( December 19, 2018, 8:54 PM EST) -- A Kraft Foods Inc. subsidiary has fallen short in its bid to avoid taxes on roughly $934 million in interest payments it made to its Chicago-based parent company after the New Jersey Supreme Court declined to review a ruling that the business was ineligible for a tax deduction, according to an order made available Wednesday....

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