How a tech entrepreneur is hoping to avoid a huge bill for a tax scam - Los Angeles Times

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<table border="0" cellpadding="2" cellspacing="7" style="vertical-align:top;"><tr><td width="80" align="center" valign="top"><font style="font-size:85%;font-family:arial,sans-serif"></font></td><td valign="top" class="j"><font style="font-size:85%;font-family:arial,sans-serif"><br /><div style="padding-top:0.8em;"><img alt="" height="1" width="1" /></div><div class="lh"><a href="http://news.google.com/news/url?sa=t&fd=R&ct2=en_ie&usg=AFQjCNG_H8xN31FOnZapZPnqx5yPBsteZg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778626411519&ei=Nf8yVNiUNeG9igaK-4DACg&url=http://www.latimes.com/business/hiltzik/la-fi-mh-how-a-tech-entrepreneur--20141006-column.html"><b>How a tech entrepreneur is hoping to avoid a huge bill for a tax scam</b></a><br /><font size="-1"><b><font color="#6f6f6f">Los Angeles Times</font></b></font><br /><font size="-1">Hawkins sold his EA stock to invest in its spinoff, <b>3DO</b>. The sale meant realizing about $67 million in taxable capital gains, which he sheltered in a transparently skeevy tax-avoidance deal cooked up by the accounting firm KPMG. Then <b>3DO</b> failed, taking&nbsp;...</font><br /><font size="-1"><a href="http://news.google.com/news/url?sa=t&fd=R&ct2=en_ie&usg=AFQjCNFKesaTaeBKBc5RXaukWYx_OH4o7A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52778626411519&ei=Nf8yVNiUNeG9igaK-4DACg&url=http://www.bna.com/profligacy-enough-defeat-b17179895744/">Is Profligacy Enough to Defeat Tax Dishcharge in Bankruptcy?</a><font size="-1" color="#6f6f6f"><nobr>Bloomberg BNA</nobr></font></font><br /><font size="-1" class="p"></font><br /><font class="p" size="-1"><a class="p" href="http://news.google.ie/news/more?ncl=dkwHM1R9cCoBKiMSPG_Rjgxv0pwTM&authuser=0&ned=en_ie"><nobr><b>all 2 news articles&nbsp;&raquo;</b></nobr></a></font></div></font></td></tr></table>

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