Word of a potential tax bill registering in the tens of millions for Tyco International Ltd. came to light this week in the government's trial against a former Tyco executive.
The company's former vice president in charge of taxation, Raymond Scott Stevenson, is facing federal charges in Florida for failing to report more than $170 million in capital gains on Tyco's 1999 corporate tax return. Stevenson has pleaded not guilty to a felony fraud charge in connection with filing the company's tax return.
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