ORDERS:
CONSENT ORDER OF DISMISSAL
I am informed, as shown
by the signatures of the counsel to the parties in this action, that a
settlement has been reached in this litigation. More specifically, the parties
have agreed to the payment of the sum of $2,250,383 in settlement of all
issues. This amount is for tax years ended 12/31/1990 through 12/31/2001 and
includes corporate income tax and license fee of $926,063, interest and penalty
of $1,324,320. The parties have also agreed that as of 12/31/2001, the amount
of the taxpayer’s net operating loss carry-forward was $4,497,463.
Based upon the
representations of counsel that there are no matters in dispute between the
parties, I hereby order that this action is ended with prejudice and finality.
And it is so Ordered.
______________________________
CAROLYN C.
MATTHEWS
Administrative
Law Judge
August 8, 2006
Columbia, South Carolina
The Undersigned, who
are the counsel for all parties to this action hereby inform the Court that the
parties have reached a final settlement of all issues involved in this action
and consent to the Court entering an Order as stated above to end this action
with prejudice and finality.
NELSON MULLINS RILEY &
SCARGOROUGH, LLP
John C. von Lehe, Jr, Malane
S. Pike
Attorneys for Anonymous Corp., Petitioner Attorney
for South Carolina
August 1, 2006 Department
of Revenue, Respondent
July
31, 2006 |
