IPI Wants to Swap Tax Credits for Tax Payments

Imperial Pacific International, which runs the struggling Imperial Palace resort (l.) on the island of Saipan, has asked to use tax credits it earned in the years since its opening in lieu of taxes it owes to the local government. Mark Brown (l.), chairman of IPI, says the company is “entitled” to the credits.

IPI Wants to Swap Tax Credits for Tax Payments

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