Washington news
Renaissance Technologies $6 Billion Tax Evasion: Senators, Report Says Hedge Fund Dodged Taxes
Renaissance Technologies $6 billion tax evasion case was believed to have been possible through the use of structured financial products purchased from Barclays and Deutsche Bank, according to a pair of senators Monday. Sens. Carl Levin, the chairman of the Senate Permanent Subcommittee on Investigations and John McCain, the ranking Republican of the same faction reportedly released the 93-page report on the alleged Renaissance Technologies $6 billion tax evasion.
