Wells Fargo smacked for $115M in SILO tax scheme

Practical and Practice issues for Professionals who practice in the area of taxation. Moral, social and economic issues relating to taxes, including international issues, the U.S. Internal Revenue Code, state tax issues, etc. Not for "tax protestor" issues, which should be posted in the "tax protestor" forum above. The advice or opinion given herein should not be relied on for any purpose whatsoever. Also examines cookie-cutter deals that have no economic substance but exist only to generate losses, as marketed by everybody from solo practitioner tax lawyers to the major accounting firms.
Judge Roy Bean
Judge for the District of Quatloosia
Judge for the District of Quatloosia
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Joined: Tue May 17, 2005 6:04 pm
Location: West of the Pecos

Wells Fargo smacked for $115M in SILO tax scheme

Post by Judge Roy Bean »

Somebody's not going to get a bonus.

http://www.courthousenews.com/2010/01/21/23912.htm
The Honorable Judge Roy Bean
The world is a car and you're a crash-test dummy.
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