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January 9, 2009



Ex-Buffalo woman gets year in jail for tax fraud

A North Carolina woman formerly from Buffalo was sentenced to a year and a day in jail for filing false tax returns to the Internal Revenue Service, U. S. Attorney Terrance P. Flynn reported Monday.

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Town Puts Tax Hit On Off-Cape Owners

A Cape Cod resort town has come up with a new way to ease the property tax bills of year-round residents: charge out-of-town owners of second homes more money.

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KPMG heads off US tax prosecution

INTERNATIONAL accounting giant KPMG, under investigation for selling questionable tax shelters, will pay $US456 million ($A602 million) and accept an outside monitor of its operations under terms of an agreement that heads off prosecution.

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