The late Ken Lay, onetime CEO of Enron, defeated the IRS in Tax Court yesterday. The case involved a dispute over Lay’s 2001 tax return and whether Lay received income from the sale of two annuity contracts to Enron. The Court sided with Lay’s estate (Lay passed away in 2006). You can find the entire 52-page Court ruling here. Bloomberg provides additional coverage.
Ken Lay Wins in Tax Court
By Jason Dinesen|
2011-08-30T08:06:49-06:00
August 30th, 2011|Categories: Potpourri of Tax Topics|Tags: Enron, Kenneth Lay|Comments Off on Ken Lay Wins in Tax Court
About the Author: Jason Dinesen
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