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Reuters - Fedex Corp said on Friday that the U.S. Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002.

This entry was posted on Sunday, December 30th, 2007 at 7:10 pm and is filed under Tax Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.