Sidley KPMG tax shelter fine settles at $45m
A US federal judge has granted preliminary approval to a multimillion-dollar class action settlement against Sidley Austin Brown & Wood and KPMG over abusive tax shelters that KPMG sold to wealthy individuals. The $225m (£127.4m) class action is likely to be settled at $45m (£25.5m). Under the accord, KPMG is expected to pay around 80 […]