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Ernst & Young sued by U.S. over Georg Schaeffler tax probe

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Ernst & Young LLP was accused by the U.S. of failing to comply with an Internal Revenue Service request for documents in an investigation of the tax liability of Schaeffler AG Chairman Georg F. W. Schaeffler. The agency had asked for testimony and “books, records and other data” tied to a tax probe of the Schaeffler chairman, the office of Manhattan U.S. Attorney Preet Bharara said in a...

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