Tax Court Judges Structured Trust Advantaged Repackaged Securitiesâ€ť ("STARS") as Illegitimate. Â Costs toÂ BNY/Mellon May Exceed $800M. The Internal Revenue Service won a high-profile tax shelter case involving Bank of New York Mellon Corp. on Monday, in a ruling that could cost the company more than $800 million. Â John D. McKinnon at the WSJ Washington Wire reportsÂ the news: ...Read more ›
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