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Tax Shelter???

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12-29-2005, 11:04 PM

cardcounter0 cardcounter0 is offline

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Join Date: May 2004

Posts: 1,370

Re: Tax Shelter???

Coca-Cola did the same thing. They didn't want to pay taxes on about 10 million dollars of their profit. So they just claimed they wanted to invest the 10 million into their business.

Short answer, no. Cash is not inventory.

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