Tax
Sep. 17, 2011
Broadcom co-founder owes IRS
The 9th U.S. Circuit Court of Appeals on Thursday ruled against Orange County billionaire Henry Samueli in a tax dispute with the IRS.
Daily Journal Staff Writer
A panel of the 9th U.S. Circuit Court of Appeals on Thursday ruled against Orange County billionaire Henry Samueli in a tax dispute with the Internal Revenue Service, finding his arguments are supported neither by "the letter" nor "the spirit" of the law.
The three-judge panel's decision deals a blow to Samueli, co-founder of the Irvine-based Broadcom Corp., which produces wir...
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