Scandal-scarred health care provider HealthSouth scored $440 million in a tax recovery from the Internal Revenue Service despite the company's acknowledgment of financial fraud.
The tax recovery came from overstatements of taxable income attributable to the financial fraud perpetrated by members of the company's former senior management under former CEO Richard Scrushy. The recovery includes a $296 million tax refund for tax years 1996 through 1999, along with $144 million of associated interest income.
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