The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
March 20, 2009

AIG Sues for Return of $300M in Taxes
-------------------------------------



As AIG faces the loss of its bonuses, it’s quietly filed a lawsuit to
recoup more than $300 million in what it says are overpaid taxes. The
company says it overpaid the government in charges for using offshore
tax havens. The suit effectively means AIG is using US taxpayer money to
sue its majority owner, the US taxpayer. The government owns an 80
percent stake in AIG following its $170 billion bailout.



.