Getting your player ready...
The trustee liquidating Bernard Madoff’s investment company and the Internal Revenue Service reached an agreement over $326 million transferred to the agency purportedly on behalf of the con man’s foreign account holders. Trustee Irving Picard found that Madoff or his company made payments to the IRS under a section of U.S. tax code that requires that 30 percent of dividend payments be withheld for taxes.
Denver Post staff and wire reports
