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BTG Pactual loses state court appeal over $7.4 million tax refund
2022 SECDBRF 0049
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By Allen Calhoun, Esq.
WESTLAW Securities Enforcement & Litigation Daily Briefing
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March 14, 2022
(March 14, 2022) - A division of Brazilian Investment bank BTG Pactual may not take advantage of a New York state tax law that would have reduced its corporate franchise tax liability by more than $7.4 million, a state appeals court has ruled.
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