Saturday, February 01, 2014

Payment Limitation--Paper Entities

A recent case:
The owners of a central Illinois farming business that will pay $5.3 million to settle allegations it faked partnerships to avoid limits on subsidies say they did nothing wrong.
The U.S. Department of Justice on Wednesday said Dowson Farms of Divernon agreed to the settlement. The department accused three of the owners of creating fake partnerships in the names of employees between 2002 and 2008 to bypass caps on subsidies. The three didn’t admit any wrongdoing.

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