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Lehman Administrators Must Pay UK Tax On £5B Debts
Administrators for the European trading arm of Lehman Brothers must pay tax to HM Revenue & Customs on £5 billion ($6.7 billion) of statutory interest accrued on debts owed to creditors after the U.S. investment bank went into administration, the U.K. Court of Appeal ruled Tuesday.
Lehman Administrators Must Pay UK Tax On £5B Debts - Law360
Administrators for the European trading arm of Lehman Brothers must pay tax to HM Revenue & Customs on £5 billion ($6.7 billion) of statutory interest accrued on debts owed to creditors after the U.S. investment bank went into administration, the U.K. Court of Appeal ruled Tuesday.
Lehman Administrators Must Pay UK Tax On £5B Debts - Law360