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The Senate Finance Committee Chairman Charles Grassley, R-Iowa, said Friday he is asking federal prosecutors to move against companies that are seeking tax refunds because they overpaid based on artificially inflated profits they reported. WorldCom, Enron and HealthSouth are all either pursuing or considering filing for federal tax refunds or credits for payments made on billions of dollars falsely claimed as earnings.
May 05, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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