Did the IRS Go Too Far With MCI?

Hahn, Avital Louria
September 2003
Investment Dealers' Digest;9/8/2003, Vol. 69 Issue 34, p7
Trade Publication
Reports on the legal challenge to the U.S. Treasury Department's ruling depriving MCI Corp., formerly WorldCom Inc., of as much as $7 billion in future tax breaks. Disagreement over the law government net operating losses; Emergence of the firm from bankruptcy; Amount of debt cancelled.


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