Intel Unit Case Could Mean Billions In Taxes For Big Tech
PYMNTS
SEPTEMBER 3, 2019
A tax dispute between Intel and the Internal Revenue Service could cost large technology companies billions of dollars, according to a report by The Wall Street Journal. Altera Corp, acquired by Intel, which inherited the case, sued the IRS in 2012. The case has been rolling along for years, and the latest ruling was in June.
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