Flaws Found in IRS’ Coordination, Procedures for Home Foreclosures
November 15, 2010
Inconsistency in how the Internal Revenue Service processed mortgage foreclosure cases and coordinated with local U.S. Attorneys’ Offices may have caused taxpayers to miss an opportunity to reduce the amount of taxes they owed, according to a new government report. The report by the Treasury Inspector General for Tax Administration (TIGTA) found...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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