FTX seeks court approval to slash US IRS’s $24B claim to zero

FTX seeks court approval to slash US IRS’s $24B claim to zero

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The bankrupt FTX estate wants to set the United States Internal Revenue Service (IRS) $24 billion claims against it to $0.00, according to a Nov. 29 court filing. Earlier in the year, the federal agency had slapped a tax bill worth around $44 billion on FTX and Alameda groups of companies,…

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