Wednesday, December 17, 2008

Links - Dec 17

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Goldman Sachs’s Tax Rate Drops to 1%, or $14 Million (Update1)
Dec 16 (Bloomberg) - Goldman Sachs’ effective income tax rate dropped to 1 percent from 34.1 percent, New York-based Goldman Sachs said today in a statement. “This problem is larger than Goldman Sachs,” Doggett said. “With the right hand out begging for bailout money, the left is hiding it offshore.”

Tightening up on the Intemediaries (2)
Dec 17 (Tax Research) - Our recent blog on the intermediaries seems to be having an effect already.

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