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U.S. Disallows $2.86B in Deductions Taken by Tyco

July 8, 2013 4:23 pm | by The Associated Press | News | Comments

The U.S. tax agency has informed Tyco International Ltd. that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its tax returns for the 1997-2000 tax years, according to a filing with the Securities and Exchange Commission.

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