Summary
The law firm of Jenkens & Gilchrist will shut down and pay a $76 million penalty for setting up fraudulent tax shelters, the Internal Revenue Service announced late last month.
The settlement allows the 56-year old firm to avoid criminal prosecution by the U.S. Attorney's Office.See the full content of this document
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Law Firm to Pay $76 Million in Irs Tax Fraud Settlement
The resolution came after the firm admitted to setting up "fraudulent coo...
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