Business

March 26, 2013 12:00 AM

Tax-shelter penalty gets High Court review in McCombs Case

Supreme Court will use a case involving billionaire Billy Joe "Red" McCombs to decide whether the federal government can impose hundreds of millions of dollars in penalties for the use of abusive tax shelters.

Related content

Comments

Videos

More Videos

Leon's House of Omelets opens in East Manatee 00:25

Leon's House of Omelets opens in East Manatee

Rep. Vern Buchanan talks small business with Manatee County Black Chamber 01:35

Rep. Vern Buchanan talks small business with Manatee County Black Chamber

Dollar Subs until 3 at Jimmy John's 00:20

Dollar Subs until 3 at Jimmy John's

New Greek restaurant headed for Cortez Road 00:53

New Greek restaurant headed for Cortez Road

Home on Sarasota Bay in Manatee County sells for $1.75 million 02:35

Home on Sarasota Bay in Manatee County sells for $1.75 million

Home in The Concession in East Manatee sells for $2.5 million 02:59

Home in The Concession in East Manatee sells for $2.5 million

Locally produced Siesta Key Rum a hit around the world 01:18

Locally produced Siesta Key Rum a hit around the world

Whiting Preston presents hopes for future of Lake Flores 00:53

Whiting Preston presents hopes for future of Lake Flores

The first flight of Boeing's 737 Max 03:04

The first flight of Boeing's 737 Max

Redevelopment along 14th Street West in Bradenton 02:41

Redevelopment along 14th Street West in Bradenton

Wal-Mart Neighborhood Market opens in East Bradenton 00:36

Wal-Mart Neighborhood Market opens in East Bradenton

Tesla Model 3 launches at the Mall At University Town Center 01:18

Tesla Model 3 launches at the Mall At University Town Center

Share Video

Editor's Choice Videos