Quantcast
Home / Opinion Digests / Business Sale Not Illegal Tax Shelter (access required)

Business Sale Not Illegal Tax Shelter (access required)

Four former owners of a trucking business who sold their stake to a company that in turn sold it to another buyer, without following through on an agreement to pay taxes the former owners owed on the sale proceeds, do not have to pay the back taxes to the IRS; the 4th Circuit upholds a ...