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PRESS: Renaissance Avoided More Than USD6 Billion Tax, Report Says

Tue, 22nd Jul 2014 06:34

LONDON (Alliance News) - A Renaissance Technologies LLC hedge fund?s investors probably avoided more than USD6 billion in US income taxes over a 14-year spell, through transactions with Barclays PLC and Deutsche Bank AG, a Senate committee has said, Bloomberg reported online on Tuesday.

http://www.bloomberg.com/news/2014-07-21/renaissance-avoided-more-than-6-billion-tax-report-says.html

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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