Yahoo Shares Fall Sharply On Report That It May Incur Higher-Than-Expected Tax Bill On Its Alibaba Stake

Post from http://www.danieluk.net

 Shares of Yahoo, a company known for its venerable brand, former search market share, and current attempt to become a key mobile shop, fell sharply at the end of trading today. Off more than 7 percent in regular hours, Yahoo took a dive after reports surfaced that the IRS may change how it taxes spinoffs. Read More

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Yahoo Shares Fall Sharply On Report That It May Incur Higher-Than-Expected Tax Bill On Its Alibaba Stake http://www.danieluk.net/news/yahoo-shares-fall-sharply-on-report-that-it-may-incur-higher-than-expected-tax-bill-on-its-alibaba-stake/ #Yahoo