Prem Watsa And Fairfax May Owe $400 Million After Improper Tax Returns. – ValueWalk Premium

Prem Watsa And Fairfax May Owe $400 Million After Improper Tax Returns.

Prem Watsa’s Fairfax Financial Holdings (TSE:FFH) may be in trouble with the IRS concerning a tax break it received by offsetting the income it received from Odyssey Re Holdings Corporation against losses at Fairfax. The possible infringement occurred from 2003 to 2006 and involved a tax break of $400 million USD. The new complaint received by the . . .

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