January 26, 2020

Court affirms fraud award in Tax-Shelter case

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By JEFF D. GORMAN From Courthouse News Service (CN) — Consulting firm Grant Thornton must pay nearly $40 million in damages to a hotel owner for fraud and negligence in its tax advice, the Kentucky Court of Appeals ruled.      William Yung owns a hospitality company called Columbia Sussex Corp. He shares ownership with his wife, Martha, […]