AIG filled 20 million suit against Feds.

Started by StinkerBell, March 20, 2009, 03:11:11 PM

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StinkerBell

March 20, 2009, 03:11:11 PM
http://www.nydailynews.com/money/2009/03/20/2009-03-20_bailed_out_insurance_giant_american_inte.html


I am not even sure how to respond. Didn't the fed just give them billions of dollars?

glenn kangiser

#1
March 21, 2009, 12:54:19 AM
They are suing for $300,000,000.  They don't want to overpay their taxes - on foreign earnings - which is one of the few legitimate taxable items.
"Always work from the general to the specific." J. Raabe

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Squirl

#2
March 21, 2009, 07:11:38 AM
This is taxes paid on off shore tax shelters.  This is extremely brazen.

rwanders

#3
March 21, 2009, 02:30:03 PM
I don't think anyone should have to pay more tax then they owe (and not less either). That said, I wouldn't be upset if they lost their suit.
Rwanders lived in Southcentral Alaska since 1967
Now lives in St Augustine, Florida
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