Washington’s King County strikes back at JP Morgan Chase
King County, home of the former Washington Mutual headquarters is striking out at JP Morgan Chase and demanding back taxes on the art collection it inherited from its Washington Mutual acquisition. JP Morgan Chase has claimed it has no art in King County despite the fact that it actually seems to. Appreciation in the value of art owned by companies must be reported and is taxes, unlike that for individuals.
Bad bad Chase, Legal & regulatory | admin June 4, 2010
