US hedge fund executives to pay $9.4 billion to settle tax dispute

September 03, 2021 11:25 AM

NEW YORK (AFP, NYTIMES) – Top executives at the Renaissance Technologies hedge fund will personally pay some US$7 billion (S$9.4 billion) to settle a tax dispute with the Internal Revenue Service (IRS), one of the largest settlements ever.

Source : http://www.straitstimes.com/business/banking/us-hedge-fund-executives-to-pay-94-billion-to-settle-tax-dispute