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  • The strategy, which involved transactions with such banks as Barclays PLC and Deutsche Bank AG, is also being questioned by the IRS.Senator Carl Levin (D-MI), who is chairman of the Senate Permanent Subcommittee on Investigations, has been probing tax avoidance moves by wealthy individuals as well as corporations, such as Apple Inc. and Caterpillar Inc.Under current law, profits from short-term ca
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