Tax Shelter Funds Blast US Bid To 'Create New Law'

By Brian Mahoney ( September 8, 2014, 1:20 PM EDT) -- Two companies found to have operated illegal tax shelter funds blasted the U.S. government's purported bid to seek more penalties in a suit over their bond-linked issue premium structures, or BLIPS, saying that the government has asked the court to "create new law on partnership proceedings."...

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