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Western Union Co. says it will pay the IRS and various state tax authorities about $220 million to settle a tax dispute stemming from its restructuring of international operations in 2003.

The payment is in addition to $250 million Douglas County-based Western Union made to the IRS in 2010 in the case.

The company said in a statement released Thursday that the agreement covers its tax treatment for imputed intangibles income, trademark buy-in royalties and other items.

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