08:06 PM EST Tuesday, December 15, 2009
Citigroup gains massive tax break in deal with IRS
The IRS has issued an exception to tax rules for the benefit of companies including Citigroup. As a result, Citigroup will be allowed to retain $38 billion in tax breaks that otherwise would decline in value when the government sells its stake to private investors.
For more information, visit washingtonpost.com - http://link.email.washingtonpost.com/r/SFBD1U/OYVGU/RT80C8/0ZRIE1/743QT/JY/t
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